Amit Yoran - May 19, 2021 Form 4 Insider Report for Tenable Holdings, Inc. (TENB)

Role
President, CEO and Chairman, Director
Signature
/s/ David Bartholomew, Attorney-in-Fact
Stock symbol
TENB
Transactions as of
May 19, 2021
Transactions value $
-$260,459
Form type
4
Date filed
5/21/2021, 04:32 PM
Previous filing
May 18, 2021
Next filing
May 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENB Common Stock Options Exercise $0 +14.6K +6.18% $0.00 250K May 19, 2021 Direct
transaction TENB Common Stock Sale -$260K -6.46K -2.58% $40.35 244K May 20, 2021 Direct F1
holding TENB Common Stock 471K May 19, 2021 By Trust F2
holding TENB Common Stock 362K May 19, 2021 By Grantor Retained Annuity Trust F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TENB Restricted Stock Units Options Exercise $0 -14.6K -8.33% $0.00 160K May 19, 2021 Common Stock 14.6K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F2 The Trustees of the Amit Yoran 2020 Family Trust are Dov Yoran and David Redling.
F3 The Trustee of the Amit Yoran GRAT A is Amit Yoran.
F4 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
F5 On February 19, 2021, 25% of the shares underlying the RSUs granted on February 19, 2020 vested, and the remainder vest in equal quarterly installments over three years, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date, and subject to accelerated vesting in specified circumstances.