Mark C. Thurmond - 22 Aug 2024 Form 4 Insider Report for Tenable Holdings, Inc. (TENB)

Signature
/s/ David Bartholomew, Attorney-in-Fact
Issuer symbol
TENB
Transactions as of
22 Aug 2024
Net transactions value
-$97,910
Form type
4
Filing time
26 Aug 2024, 16:47:32 UTC
Previous filing
22 Aug 2024
Next filing
28 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENB Common Stock Options Exercise $0 +1,161 +3.9% $0.000000 30,886 22 Aug 2024 Direct
transaction TENB Common Stock Options Exercise $0 +3,713 +12% $0.000000 34,599 22 Aug 2024 Direct
transaction TENB Common Stock Sale $97,910 -2,357 -6.8% $41.54 32,242 23 Aug 2024 Direct F1
transaction TENB Common Stock Options Exercise $0 +1,363 +4.2% $0.000000 33,605 23 Aug 2024 Direct
transaction TENB Common Stock Options Exercise $0 +3,857 +11% $0.000000 37,462 23 Aug 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 Performance Restricted Stock Units Options Exercise $0 -1,161 -9.1% $0.000000 11,624 22 Aug 2024 Common Stock 1,161 Direct F2, F3
transaction TENB Restricted Stock Units Options Exercise $0 -3,713 -9.1% $0.000000 37,130 22 Aug 2024 Common Stock 3,713 Direct F2, F4
transaction TENB Performance Restricted Stock Units Options Exercise $0 -1,363 -14% $0.000000 8,180 23 Aug 2024 Common Stock 1,363 Direct F2, F5
transaction TENB Restricted Stock Units Options Exercise $0 -3,857 -14% $0.000000 23,142 23 Aug 2024 Common Stock 3,857 Direct F2, F6
* 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 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 23, 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.
F4 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.
F5 On February 22, 2023, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the Performance Restricted Stock Units (PRSUs) granted on February 23, 2022 and determined a 106% payout for the measurement period based on the Issuer's fiscal year 2022 criteria. 25% of the shares underlying the PRSUs vested on February 23, 2023, 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 23, 2023, 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.