Stephen Riddick - 19 Aug 2021 Form 4 Insider Report for Tenable Holdings, Inc. (TENB)

Signature
/s/ David Bartholomew, Attorney-in-Fact
Issuer symbol
TENB
Transactions as of
19 Aug 2021
Transactions value $
-$76,579
Form type
4
Filing time
23 Aug 2021, 17:03:54 UTC
Previous filing
13 Sep 2021
Next filing
24 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENB Common Stock Options Exercise $0 +3.97K +15.83% $0.00 29K 19 Aug 2021 Direct
transaction TENB Common Stock Sale -$76.6K -1.9K -6.53% $40.39 27.1K 20 Aug 2021 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 -3.97K -9.09% $0.00 39.7K 19 Aug 2021 Common Stock 3.97K Direct F2, F3
* 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 vest 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.