TENNECO INC 4
4 · TENNECO INC · Filed Feb 27, 2017
Insider Transaction Report
Form 4
TENNECO INCTEN
Martin Hendricks
Executive Vice President
Transactions
- Award
Common Stock
2017-02-23+3,561→ 6,575 total - Tax Payment
Common Stock
2017-02-23$66.18/sh−1,674$110,785→ 4,901 total
Footnotes (3)
- [F1]Reflects restricted stock granted to the Reporting Person pursuant to Rule 16b-3, all of which vests on the second anniversary 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 remaining after acceleration becomes vested in an installment of 1,887 shares on February 23, 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.