Amit Yoran - Feb 17, 2022 Form 4 Insider Report for Tenable Holdings, Inc. (TENB)

Signature
/s/ David Bartholomew, Attorney-in-Fact
Stock symbol
TENB
Transactions as of
Feb 17, 2022
Transactions value $
-$1,341,281
Form type
4
Date filed
2/22/2022, 03:42 PM
Previous filing
Jan 19, 2022
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENB Common Stock Options Exercise $0 +42.8K +30.26% $0.00 184K Feb 17, 2022 Direct
transaction TENB Common Stock Options Exercise $42.5K +10K +5.43% $4.25 194K Feb 17, 2022 Direct
transaction TENB Common Stock Sale -$487K -9.97K -5.14% $48.86 184K Feb 17, 2022 Direct F1, F2
transaction TENB Common Stock Sale -$1.44K -29 -0.02% $49.70 184K Feb 17, 2022 Direct F1
transaction TENB Common Stock Sale -$895K -19.6K -10.63% $45.76 165K Feb 18, 2022 Direct F3
holding TENB Common Stock 291K Feb 17, 2022 By Trust F4
holding TENB Common Stock 362K Feb 17, 2022 By Grantor Retained Annuity Trust F5

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 -42.8K -25% $0.00 128K Feb 17, 2022 Common Stock 42.8K Direct F6, F7
transaction TENB Employee Stock Option (right to buy) Options Exercise $0 -10K -0.43% $0.00 2.29M Feb 17, 2022 Common Stock 10K $4.25 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.52 - $49.38, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
F3 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.
F4 The Trustees of the Amit Yoran 2020 Family Trust are Dov Yoran and David Redling.
F5 The Trustee of the Amit Yoran GRAT A is Amit Yoran.
F6 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
F7 25% of the shares underlying the RSUs vest on February 17, 2022, 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.
F8 25% of the shares underlying the option vested on January 1, 2018, with the remainder vesting in 12 equal quarterly installments thereafter, 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.