Amit Yoran - Aug 17, 2023 Form 4 Insider Report for Tenable Holdings, Inc. (TENB)

Signature
/s/ David Bartholomew, Attorney-in-Fact
Stock symbol
TENB
Transactions as of
Aug 17, 2023
Transactions value $
-$213,268
Form type
4
Date filed
8/21/2023, 06:04 PM
Previous filing
Jul 28, 2023
Next filing
Aug 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENB Common Stock Options Exercise $0 +10.7K +4.28% $0.00 261K Aug 17, 2023 Direct
transaction TENB Common Stock Sale -$213K -4.8K -1.84% $44.44 256K Aug 18, 2023 Direct F1
transaction TENB Common Stock Options Exercise $0 +14.6K +5.69% $0.00 270K Aug 21, 2023 Direct
holding TENB Common Stock 170K Aug 17, 2023 By Grantor Retained Annuity Trust F2, F3
holding TENB Common Stock 335K Aug 17, 2023 By Grantor Retained Annuity Trust F4
holding TENB Common Stock 246K Aug 17, 2023 By 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 -10.7K -14.29% $0.00 64.1K Aug 17, 2023 Common Stock 10.7K Direct F6, F7
transaction TENB Restricted Stock Units Options Exercise $0 -14.6K -33.33% $0.00 29.1K Aug 21, 2023 Common Stock 14.6K Direct F6, F8
* 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 On August 7, 2023, the Reporting Person contributed 9,935 shares from the Amit Yoran GRAT B directly to himself, Amit Yoran.
F3 The Trustee of the Amit Yoran GRAT B is Amit Yoran.
F4 The Trustee of the Amit Yoran GRAT A is Amit Yoran.
F5 The Trustees of the Amit Yoran 2020 Family Trust are Dov Yoran and David Redling.
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 vested 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 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.