Stephen A. Vintz - Feb 20, 2024 Form 4 Insider Report for Tenable Holdings, Inc. (TENB)

Role
Chief Financial Officer
Signature
/s/ David Bartholomew, Attorney-in-Fact
Stock symbol
TENB
Transactions as of
Feb 20, 2024
Transactions value $
-$241,084
Form type
4
Date filed
2/22/2024, 08:50 PM
Previous filing
Nov 27, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENB Common Stock Options Exercise $0 +8.82K +3.85% $0.00 238K Feb 20, 2024 Direct
transaction TENB Common Stock Options Exercise $0 +5.84K +2.46% $0.00 244K Feb 20, 2024 Direct
transaction TENB Common Stock Sale -$241K -5.22K -2.14% $46.22 239K Feb 21, 2024 Direct F1
transaction TENB Common Stock Options Exercise $0 +6.38K +2.67% $0.00 245K Feb 22, 2024 Direct
transaction TENB Common Stock Options Exercise $0 +20.4K +8.32% $0.00 265K Feb 22, 2024 Direct

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 -8.82K -100% $0.00* 0 Feb 20, 2024 Common Stock 8.82K Direct F2, F3
transaction TENB Restricted Stock Units Options Exercise $0 -5.84K -20% $0.00 23.4K Feb 20, 2024 Common Stock 5.84K Direct F2, F4
transaction TENB Performance Restricted Stock Units Award $0 +25.5K $0.00 25.5K Feb 22, 2024 Common Stock 25.5K Direct F2, F5
transaction TENB Performance Restricted Stock Units Options Exercise $0 -6.38K -25% $0.00 19.1K Feb 22, 2024 Common Stock 6.38K Direct F2, F5
transaction TENB Restricted Stock Units Options Exercise $0 -20.4K -25% $0.00 61.1K Feb 22, 2024 Common Stock 20.4K Direct F2, F6
transaction TENB Restricted Stock Units Award $0 +72.3K $0.00 72.3K Feb 22, 2024 Common Stock 72.3K Direct F2, 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 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
F3 100% of the shares underlying the RSUs vested on February 19, 2024.
F4 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.
F5 On February 21, 2024, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the Performance Restricted Stock Units (PRSUs) granted on February 22, 2023 and determined a 93.9% payout for the measurement period based on the Issuer's fiscal year 2023 criteria. 25% of the shares underlying the PRSUs vested on February 22, 2024, 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.
F6 25% of the shares underlying the RSUs vested on February 22, 2024, 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 22, 2025, 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.