Kesseler Brian J 4
4 · TENNECO INC · Filed Feb 3, 2022
Insider Transaction Report
Form 4
TENNECO INCTEN
Kesseler Brian J
Chief Operating Officer
Transactions
- Award
Class A Common Stock
2022-02-01+110,429→ 110,429 total - Award
Restricted Stock Units
2022-02-01+329,670→ 329,670 total→ Class A Common Stock (329,670 underlying) - Exercise/Conversion
Class A Common Stock
2022-02-02+66,666→ 177,095 total - Exercise/Conversion
Cash-Settled Restricted Stock Units
2022-02-02−23,750→ 47,500 total→ Class A Common Stock (23,750 underlying) - Exercise/Conversion
Class A Common Stock
2022-02-02+23,750→ 200,845 total - Disposition to Issuer
Class A Common Stock
2022-02-02$10.48/sh−23,750$248,900→ 177,095 total - Exercise/Conversion
Restricted Stock Units
2022-02-02−66,666→ 133,332 total→ Class A Common Stock (66,666 underlying)
Holdings
- 221,672(indirect: By Trust)
Class A Common Stock
Footnotes (6)
- [F1]Reflects stock acquired upon the vesting of performance share units granted to the Reporting Person pursuant to Rule 16b-3.
- [F2]Reflects stock acquired upon the vesting of restricted stock units granted to the Reporting Person pursuant to Rule 16b-3.
- [F3]Reflects vesting of cash-settled restricted stock units granted to the Reporting Person pursuant to Rule 16b-3. Each cash-settled restricted stock unit represents the contingent right to receive the fair market value of one share of Class A Common Stock on the vesting date. Vesting of cash-settled restricted stock units is reported as a deemed acquisition and disposition of the number of shares of Class A Common Stock underlying the vested restricted stock units.
- [F4]Reflects restricted stock units granted to the Reporting Person pursuant to Section 16b-3, one third of which vest on each of the first three anniversaries of the grant date. Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock.
- [F5]After giving effect to the transactions reported in this Report, the Reporting Person holds an aggregate 593,234 restricted stock units and 382,962 cash-settled restricted stock units, which reflects a de minimis error in the previously reported cash-settled restricted stock units.
- [F6]Reflects vesting of restricted stock units 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. Each restricted stock unit converts into one share of Class A Common Stock.