Denise Gray - Nov 17, 2022 Form 4 Insider Report for TENNECO INC (TEN)

Role
Director
Signature
/s/ Ashley L. Bancroft, Attorney-in-fact for Denise Gray
Stock symbol
TEN
Transactions as of
Nov 17, 2022
Transactions value $
-$820,920
Form type
4
Date filed
11/21/2022, 03:36 PM
Previous filing
Feb 2, 2022
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEN Class A Common Stock Disposed to Issuer -$821K -41K -100% $20.00 0 Nov 17, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Denise Gray is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Reflects disposition upon completion of the merger (the "Merger") of Pegasus Merger Co. ("Merger Sub"), a wholly owned subsidiary of Pegasus Holdings III, LLC ("Parent"), with and into the Issuer, effective November 17, 2022. Pursuant to the Agreement and Plan of Merger, dated as of February 22, 2022, by and among the Issuer, Parent and Merger Sub, upon completion of the Merger, each outstanding share of the Issuer's Class A Common Stock was converted into the right to receive $20.00 per share in cash.