Amit Yoran - Aug 19, 2022 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
Aug 19, 2022
Transactions value $
-$515,547
Form type
4
Date filed
8/23/2022, 07:06 PM
Previous filing
Aug 18, 2022
Next filing
Nov 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENB Common Stock Options Exercise $0 +14.6K +12.58% $0.00 130K Aug 19, 2022 Direct
transaction TENB Common Stock Sale -$272K -6.69K -5.13% $40.63 124K Aug 22, 2022 Direct F1
transaction TENB Common Stock Options Exercise $0 +13.2K +10.72% $0.00 137K Aug 22, 2022 Direct
transaction TENB Common Stock Sale -$244K -5.85K -4.27% $41.72 131K Aug 23, 2022 Direct F1
holding TENB Common Stock 350K Aug 19, 2022 By Grantor Retained Annuity Trust F2
holding TENB Common Stock 246K Aug 19, 2022 By Trust F3
holding TENB Common Stock 180K Aug 19, 2022 By Grantor Retained Annuity Trust F4

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 -14.29% $0.00 87.3K Aug 19, 2022 Common Stock 14.6K Direct F5, F6
transaction TENB Restricted Stock Units Options Exercise $0 -13.2K -33.33% $0.00 26.5K Aug 22, 2022 Common Stock 13.2K Direct F5, 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 The Trustee of the Amit Yoran GRAT B is Amit Yoran.
F5 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
F6 25% of the shares underlying the RSUs vested 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 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.