SEC Form 4 · accession 0001209191-16-096106
TENNECO INC · TEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Josep Fornos
Officer — Executive Vice President
Period of report
Feb 3, 2016
Accepted (ET)
Feb 5, 2016 · 7:03 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 StockF2 | Feb 3, 2016 | A | 16,743 | $0.00 | A | 27,629 | D | |
| Common StockF2 | Feb 3, 2016 | F | 5,023 | $35.96 | D | 22,606 | D | |
| Common Stock | holding | — | — | — | 41,470 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects restricted stock granted to the Reporting Person pursuant to Rule 16b-3, one third of which vest on each of the first three anniversaries of the grant date, except that shares to be disposed to the Issuer in the form of share withholding to satisfy tax obligations in connection with the granting of restricted stock will be accelerated to vest on the grant date. The restricted stock reflected above becomes vested in installments of 558 shares on February 3, 2017, 5,581 shares on February 3, 2018 and 5,581 shares on February 3, 2019.
- F2Reflects restricted stock granted to the Reporting Person pursuant to Rule 16b-3.
- F3Reflects disposition of shares to the Issuer in the form of share withholding to satisfy tax obligations in connection with the granting of restricted stock.