Usitalo Scott 4
4 · TENNECO INC · Filed Nov 2, 2022
Insider Transaction Report
Form 4
TENNECO INCTEN
Usitalo Scott
Executive Vice President
Transactions
- Exercise/Conversion
Class A Common Stock
2022-10-31+28,281→ 77,669 total - Disposition to Issuer
Class A Common Stock
2022-10-31$19.67/sh−28,281$556,287→ 49,388 total - Exercise/Conversion
Cash-Settled Restricted Stock Units
2022-10-31−28,281→ 0 total→ Class A Common Stock (28,281 underlying)
Footnotes (2)
- [F1]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.
- [F2]After giving effect to the transactions reported in this Report, the Reporting Person holds an aggregate 82,718 restricted stock units and 3,320 cash-settled restricted stock units.