Wehrenberg John W. 4
4 · TENNECO INC · Filed Nov 2, 2022
Insider Transaction Report
Form 4
TENNECO INCTEN
Wehrenberg John W.
Executive Vice President*
Transactions
- Exercise/Conversion
Class A Common Stock
2022-10-31+19,797→ 50,120 total - Exercise/Conversion
Cash-Settled Restricted Stock Units
2022-10-31−19,797→ 0 total→ Class A Common Stock (19,797 underlying) - Disposition to Issuer
Class A Common Stock
2022-10-31$19.67/sh−19,797$389,407→ 30,323 total
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 54,435 restricted stock units and 1,660 cash-settled restricted stock units.