Matti Masanovich - Aug 10, 2022 Form 4 Insider Report for TENNECO INC (TEN)

Role
Executive Vice President*
Signature
/s/ Ashley L. Bancroft, Attorney-in-fact for Matti Masanovich
Stock symbol
TEN
Transactions as of
Aug 10, 2022
Transactions value $
-$265,663
Form type
4
Date filed
8/12/2022, 04:45 PM
Previous filing
Feb 3, 2022
Next filing
Nov 21, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEN Class A Common Stock Options Exercise $0 +39.9K +79.04% $0.00 90.5K Aug 10, 2022 Direct F1
transaction TEN Class A Common Stock Tax liability -$266K -14K -15.47% $18.98 76.5K Aug 10, 2022 Direct F2

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 TEN Restricted Stock Units Options Exercise $0 -39.9K -37.5% $0.00 66.6K Aug 10, 2022 Class A Common Stock 39.9K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects stock acquired upon the vesting of restricted stock units granted to the Reporting Person pursuant to Rule 16b-3.
F2 Reflects disposition of shares to the Issuer in the form of share withholding to satisfy tax obligations in connection with the vesting of restricted stock units.
F3 Reflects vesting of restricted stock units granted to the Reporting Person pursuant to Rule 16b-3. Each restricted stock unit converts into one share of Class A Common Stock.
F4 After giving effect to the transactions reported in this Report, the Reporting Person holds an aggregate 183,238 restricted stock units and no cash-settled restricted stock units.

Remarks:

*and Chief Financial Officer