Stephen A. Vintz - Nov 19, 2021 Form 4 Insider Report for Tenable Holdings, Inc. (TENB)

Signature
/s/ David Bartholomew, Attorney-in-Fact
Stock symbol
TENB
Transactions as of
Nov 19, 2021
Transactions value $
-$449,146
Form type
4
Date filed
11/23/2021, 04:28 PM
Previous filing
Aug 24, 2021
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENB Common Stock Options Exercise $0 +8.82K +9.38% $0.00 103K Nov 19, 2021 Direct
transaction TENB Common Stock Sale -$231K -4.27K -4.15% $54.09 98.6K Nov 22, 2021 Direct F1
transaction TENB Common Stock Options Exercise $0 +8.54K +8.66% $0.00 107K Nov 22, 2021 Direct
transaction TENB Common Stock Sale -$218K -4.22K -3.94% $51.79 103K Nov 23, 2021 Direct F1

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 -8.82K -10% $0.00 79.4K Nov 19, 2021 Common Stock 8.82K Direct F2, F3
transaction TENB Restricted Stock Units Options Exercise $0 -8.54K -16.67% $0.00 42.7K Nov 22, 2021 Common Stock 8.54K Direct F2, F4
* 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 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
F3 25% of the shares underlying the RSUs vest on February 19, 2021, with the remainder vesting in equal quarterly installments over 3 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.
F4 On February 20, 2020, 25% of the shares underlying the RSUs granted on February 20, 2019 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 acceleration in specified circumstances.