Icahn Carl C - May 6, 2021 Form 4 Insider Report for TENNECO INC (TEN)

Role
10%+ Owner
Signature
/S/ Carl C. Icahn
Stock symbol
TEN
Transactions as of
May 6, 2021
Transactions value $
-$33,954,209
Form type
4
Date filed
5/10/2021, 04:47 PM
Next filing
May 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEN Class A Common Stock Sale -$8.98M -802K -7.74% $11.20 9.56M May 6, 2021 Please see footnotes F1, F2, F3, F4, F5
transaction TEN Class A Common Stock Sale -$16.2M -1.3M -13.6% $12.45 8.26M May 7, 2021 Please see footnotes F1, F2, F3, F4, F5
transaction TEN Class A Common Stock Sale -$8.79M -622K -7.53% $14.13 7.64M May 10, 2021 Please see footnotes F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Icahn Carl C is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Icahn Enterprises Holdings L.P. ("Icahn Enterprises Holdings") is the direct beneficial owner of 6,482,014 shares of Class A Common Stock. Beckton Corp. ("Beckton") is the sole stockholder of Icahn Enterprises G.P. Inc. ("Icahn Enterprises GP"), which is the general partner of Icahn Enterprises Holdings. Mr. Icahn is the sole stockholder of Beckton.
F2 In addition, Mr. Icahn is the indirect holder of approximately 92.2% of the outstanding depositary units representing limited partnership interests in Icahn Enterprises L.P. ("Icahn Enterprises"). Icahn Enterprises GP is the general partner of Icahn Enterprises, which is the sole limited partner of Icahn Enterprises Holdings.
F3 By virtue of their relationships to Icahn Enterprises Holdings, each of Icahn Enterprises GP, Beckton and Mr. Icahn may be deemed to indirectly beneficially own the shares of Class A Common Stock held directly by Icahn Enterprises Holdings. Each of the foregoing disclaims his or its beneficial ownership of such shares of Class A Common Stock except to the extent of his or its pecuniary interest therein.
F4 American Entertainment Properties Corp. ("AEP") is the direct beneficial owner of 1,153,805 shares of Class A Common Stock. Icahn Enterprises Holdings is the sole stockholder of AEP.
F5 By virtue of their relationships to AEP, each of Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn may be deemed to indirectly beneficially own the shares of Class A Common Stock held directly by AEP. Each of the foregoing disclaims his or its beneficial ownership of such shares of Class A Common Stock except to the extent of his or its pecuniary interest therein.