Awada Kaled 4
4 · TENNECO INC · Filed Mar 8, 2022
Insider Transaction Report
Form 4
TENNECO INCTEN
Awada Kaled
Senior Vice President*
Transactions
- Exercise/Conversion
Class A Common Stock
2022-03-04+3,794→ 55,576 total - Disposition to Issuer
Class A Common Stock
2022-03-04$19.01/sh−3,794$72,124→ 51,782 total - Exercise/Conversion
Restricted Stock Units
2022-03-04−7,046→ 7,046 total→ Class A Common Stock (7,046 underlying) - Exercise/Conversion
Class A Common Stock
2022-03-04+7,046→ 53,847 total - Tax Payment
Class A Common Stock
2022-03-04$18.86/sh−2,065$38,946→ 51,782 total - Exercise/Conversion
Cash-Settled Restricted Stock Units
2022-03-04−3,794→ 3,794 total→ Class A Common Stock (3,794 underlying)
Holdings
- 7,799(indirect: By 401(k))
Class A Common Stock
Footnotes (6)
- [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 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 shares allocated to, and indirectly held by, the Reporting Person under the Issuer's 401(k) Plan.
- [F5]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.
- [F6]After giving effect to the transactions reported in this Report, the Reporting Person holds an aggregate 74,488 restricted stock units and 60,355 cash-settled restricted stock units.