Stephen A. Vintz - Nov 17, 2023 Form 4 Insider Report for Tenable Holdings, Inc. (TENB)

Signature
/s/ David Bartholomew, Attorney-in-Fact
Stock symbol
TENB
Transactions as of
Nov 17, 2023
Transactions value $
-$277,420
Form type
4
Date filed
11/21/2023, 07:13 PM
Previous filing
Aug 24, 2023
Next filing
Nov 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENB Common Stock Options Exercise $0 +5.84K +2.68% $0.00 224K Nov 17, 2023 Direct
transaction TENB Common Stock Sale -$111K -2.79K -1.25% $39.65 221K Nov 20, 2023 Direct F1
transaction TENB Common Stock Options Exercise $0 +8.82K +3.99% $0.00 230K Nov 20, 2023 Direct
transaction TENB Common Stock Sale -$167K -4.23K -1.84% $39.46 225K Nov 21, 2023 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 -5.84K -16.67% $0.00 29.2K Nov 17, 2023 Common Stock 5.84K Direct F2, F3
transaction TENB Restricted Stock Units Options Exercise $0 -8.82K -50% $0.00 8.82K Nov 20, 2023 Common Stock 8.82K Direct F2, F4
* 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 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.
F4 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.