Stephen A. Riddick - Feb 22, 2022 Form 4 Insider Report for Tenable Holdings, Inc. (TENB)

Role
General Counsel & Secretary
Signature
/s/ David Bartholomew, Attorney-in-Fact
Stock symbol
TENB
Transactions as of
Feb 22, 2022
Transactions value $
-$153,878
Form type
4
Date filed
2/24/2022, 04:55 PM
Previous filing
Feb 22, 2022
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENB Common Stock Options Exercise $0 +2.99K +7.75% $0.00 41.6K Feb 22, 2022 Direct
transaction TENB Common Stock Options Exercise $0 +3.97K +9.54% $0.00 45.6K Feb 22, 2022 Direct
transaction TENB Common Stock Sale -$154K -3.35K -7.36% $45.92 42.2K Feb 23, 2022 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 -2.99K -20% $0.00 12K Feb 22, 2022 Common Stock 2.99K Direct F2, F3
transaction TENB Restricted Stock Units Options Exercise $0 -3.97K -11.11% $0.00 31.7K Feb 22, 2022 Common Stock 3.97K Direct F2, F4
transaction TENB Restricted Stock Units Award $0 +41.7K $0.00 41.7K Feb 23, 2022 Common Stock 41.7K Direct F2, 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 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
F3 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.
F4 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.
F5 25% of the shares underlying the RSUs vest on February 23, 2023, 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.