TENNECO INC 4
4 · TENNECO INC · Filed Feb 5, 2016
Insider Transaction Report
Form 4
TENNECO INCTEN
JACKSON TIMOTHY E
Senior Vice President
Transactions
- Tax Payment
Common Stock
2016-02-03$35.96/sh−4,164$149,737→ 15,779 total - Award
Common Stock
2016-02-03+12,879→ 19,943 total
Holdings
- 78,301
Common Stock
- 4,191(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Reflects restricted stock granted to the Reporting Person pursuant to Rule 16b-3, one third of which vest on each of the first three anniversaries of the grant date, except that shares to be disposed to the Issuer in the form of share withholding to satisfy tax obligations in connection with the granting of restricted stock will be accelerated to vest on the grant date. The restricted stock reflected above becomes vested in installments of 129 shares on February 3, 2017, 4,293 shares on February 3, 2018 and 4,293 shares on February 3, 2019.
- [F2]Reflects restricted stock granted to the Reporting Person pursuant to Rule 16b-3.
- [F3]Reflects disposition of shares to the Issuer in the form of share withholding to satisfy tax obligations in connection with the granting of restricted stock.
- [F4]Reflects shares allocated to, and indirectly held by, the Reporting Person under the Issuer's 401(k) Plan.