Kesseler Brian J 4
4 · TENNECO INC · Filed Mar 8, 2022
Insider Transaction Report
Form 4
TENNECO INCTEN
Kesseler Brian J
Chief Operating Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-03-04−52,846→ 52,846 total→ Class A Common Stock (52,846 underlying) - Disposition to Issuer
Class A Common Stock
2022-03-04$19.01/sh−28,455$540,930→ 236,995 total - Tax Payment
Class A Common Stock
2022-03-04$18.86/sh−17,486$329,786→ 236,995 total - Exercise/Conversion
Class A Common Stock
2022-03-04+52,846→ 254,481 total - Exercise/Conversion
Class A Common Stock
2022-03-04+28,455→ 265,450 total - Exercise/Conversion
Cash-Settled Restricted Stock Units
2022-03-04−28,455→ 28,455 total→ Class A Common Stock (28,455 underlying)
Holdings
- 221,672(indirect: By Trust)
Class A Common Stock
Footnotes (5)
- [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 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.
- [F5]After giving effect to the transactions reported in this Report, the Reporting Person holds an aggregate 515,848 restricted stock units and 354,507 cash-settled restricted stock units.