SEC Form 4 · accession 0001209191-15-085348
TENNECO INC · TEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph A. Pomaranski
Officer — Senior Vice President
Period of report
Dec 11, 2015
Accepted (ET)
Dec 15, 2015 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001024725
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 11, 2015 | M | 8,080 | $1.99 | A | 34,764 | D | |
| Common Stock | Dec 11, 2015 | S | 3,200 | $47.30 | D | 31,564 | D | |
| Common StockF2 | Dec 11, 2015 | S | 4,880 | $48.42 | D | 26,684 | D | |
| Common StockF3 | holding | — | — | — | 4,607 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Acquire)F5,F4 | $1.99 | Dec 11, 2015 | M | 8,080 | D | — | Jan 21, 2016 | Common Stock | 8,080 | 0 | D |
Explanation of responses
- F1Reflects cashless exercise of stock options which were granted pursuant to Rule 16b-3.
- F2The Common Stock sold by the Reporting Person and reported herein were sold at a range of between $48.40 and $48.485 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
- F3Reflects restricted stock granted to the Reporting Person pursuant to Rule 16b-3.
- F4The stock options exercised by the Reporting Person vested in three equal installments on January 22, 2010, January 22, 2011 and January 22, 2012.
- F5Reflects stock options granted pursuant to Rule 16b-3.