Usitalo Scott 4
4 · TENNECO INC · Filed Mar 8, 2022
Insider Transaction Report
Form 4
TENNECO INCTEN
Usitalo Scott
Executive Vice President
Transactions
- Disposition to Issuer
Class A Common Stock
2022-03-04$19.01/sh−3,320$63,113→ 49,388 total - Exercise/Conversion
Restricted Stock Units
2022-03-04−6,165→ 6,165 total→ Class A Common Stock (6,165 underlying) - Exercise/Conversion
Cash-Settled Restricted Stock Units
2022-03-04−3,320→ 3,320 total→ Class A Common Stock (3,320 underlying) - Exercise/Conversion
Class A Common Stock
2022-03-04+3,320→ 52,708 total - Tax Payment
Class A Common Stock
2022-03-04$18.86/sh−1,764$33,269→ 49,388 total - Exercise/Conversion
Class A Common Stock
2022-03-04+6,165→ 51,152 total
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 82,718 restricted stock units and 31,601 cash-settled restricted stock units.