| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TEN | Class A Common Stock | Disposed to Issuer | -$162K | -8.08K | -100% | $20.00 | 0 | Nov 17, 2022 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TEN | Restricted Stock Units | Disposed to Issuer | -$417K | -20.9K | -100% | $20.00 | 0 | Nov 17, 2022 | Class A Common Stock | 20.9K | Direct | F2 | |
| transaction | TEN | Cash-Settled Restricted Stock Units | Disposed to Issuer | -$28.5K | -1.42K | -100% | $20.00 | 0 | Nov 17, 2022 | Class A Common Stock | 1.42K | Direct | F3 | |
| transaction | TEN | Cash-Settled Performance Share Units | Award | $0 | +51.1K | $0.00 | 51.1K | Nov 17, 2022 | Class A Common Stock | 51.1K | Direct | F4 | ||
| transaction | TEN | Cash-Settled Performance Share Units | Disposed to Issuer | -$1.02M | -51.1K | -100% | $20.00 | 0 | Nov 17, 2022 | Class A Common Stock | 51.1K | Direct | F5 |
John Patouhas is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| 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 (the "Merger Agreement"), 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 (the "Merger Consideration") in cash. |
| F2 | Reflects disposition of share-settled restricted stock units granted to the Reporting Person pursuant to Rule 16b-3. Pursuant to the Merger Agreement, upon completion of the Merger, each outstanding share-settled restricted stock unit of the Issuer became fully vested and was converted into the right to receive in cash an amount equal to the Merger Consideration multiplied by the number of shares underlying the award (subject to any applicable tax withholding). |
| F3 | Reflects disposition of cash-settled restricted stock units granted to the Reporting Person pursuant to Rule 16b-3. Pursuant to the Merger Agreement, upon completion of the Merger, each outstanding cash-settled restricted stock unit of the Issuer became fully vested and was cancelled in exchange for the right to receive in cash an amount equal to the Merger Consideration multiplied by the number of shares underlying the award (subject to any applicable tax withholding). |
| F4 | Pursuant to the Merger Agreement, upon completion of the Merger, the outstanding cash-settled performance share units became vested at target level. |
| F5 | Pursuant to the Merger Agreement, upon completion of the Merger, the outstanding cash-settled performance share units were cancelled in exchange for the right to receive an amount in cash equal to the Merger Consideration multiplied by the number of shares underlying the award (subject to any applicable tax withholding). |
*and Chief Accounting Officer