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

Signature
/s/ David Bartholomew, Attorney-in-Fact
Issuer symbol
TENB
Transactions as of
17 Nov 2023
Net transactions value
-$450,046
Form type
4
Filing time
21 Nov 2023, 19:13:24 UTC
Previous filing
22 Sep 2023
Next filing
27 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENB Common Stock Options Exercise $0 +10,690 +3.9% $0.000000 281,341 17 Nov 2023 Direct
transaction TENB Common Stock Sale $190,439 -4,803 -1.7% $39.65 276,538 20 Nov 2023 Direct F1
transaction TENB Common Stock Options Exercise $0 +14,551 +5.3% $0.000000 291,089 20 Nov 2023 Direct
transaction TENB Common Stock Sale $259,607 -6,579 -2.3% $39.46 284,510 21 Nov 2023 Direct F1
holding TENB Common Stock 169,765 17 Nov 2023 By Grantor Retained Annuity Trust F2
holding TENB Common Stock 335,435 17 Nov 2023 By Grantor Retained Annuity Trust F3
holding TENB Common Stock 245,947 17 Nov 2023 By 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 -10,690 -17% $0.000000 53,450 17 Nov 2023 Common Stock 10,690 Direct F5, F6
transaction TENB Restricted Stock Units Options Exercise $0 -14,551 -50% $0.000000 14,551 20 Nov 2023 Common Stock 14,551 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 B is Amit Yoran.
F3 The Trustee of the Amit Yoran GRAT A is Amit Yoran.
F4 The Trustees of the Amit Yoran 2020 Family Trust are Dov Yoran and David Redling.
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 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.
F7 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.