Amit Yoran - Feb 22, 2022 Form 4 Insider Report for Tenable Holdings, Inc. (TENB)

Signature
/s/ David Bartholomew, Attorney-in-Fact
Stock symbol
TENB
Transactions as of
Feb 22, 2022
Transactions value $
-$578,959
Form type
4
Date filed
2/24/2022, 04:56 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 +13.2K +8.05% $0.00 178K Feb 22, 2022 Direct
transaction TENB Common Stock Options Exercise $0 +14.6K +8.19% $0.00 192K Feb 22, 2022 Direct
transaction TENB Common Stock Sale -$579K -12.6K -6.56% $45.92 180K Feb 23, 2022 Direct F1
holding TENB Common Stock 362K Feb 22, 2022 By Grantor Retained Annuity Trust F2
holding TENB Common Stock 291K Feb 22, 2022 By 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 -13.2K -20% $0.00 53K Feb 22, 2022 Common Stock 13.2K Direct F4, F5
transaction TENB Restricted Stock Units Options Exercise $0 -14.6K -11.11% $0.00 116K Feb 22, 2022 Common Stock 14.6K Direct F4, F6
transaction TENB Restricted Stock Units Award $0 +150K $0.00 150K Feb 23, 2022 Common Stock 150K Direct F4, F7
* 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 Trustee of the Amit Yoran GRAT A is Amit Yoran.
F3 The Trustees of the Amit Yoran 2020 Family Trust are Dov Yoran and David Redling.
F4 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
F5 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.
F6 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.
F7 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.