SEC Form 4 · accession 0001209191-16-139160
TENNECO INC · TEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John E Kunz
Officer — Vice President and Controller
Period of report
Aug 26, 2016
Accepted (ET)
Aug 30, 2016 · 5:02 pm EDT
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 | Aug 26, 2016 | M | 4,000 | $19.48 | A | 32,201 | D | |
| Common StockF2 | Aug 26, 2016 | S | 4,000 | $56.31 | D | 28,201 | D | |
| Common StockF3 | holding | — | — | — | 7,635 | D | ||
| Common Stock | holding | — | — | — | 120 | I | By Daughter | |
| Common Stock | holding | — | — | — | 215 | I | By Son | |
| Common Stock | holding | — | — | — | 155 | I | By Son | |
| Common StockF4 | holding | — | — | — | 3,083 | I | By By 401(k) |
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)F6,F5 | $19.48 | Aug 26, 2016 | M | 4,000 | D | — | Jan 14, 2017 | Common Stock | 4,000 | 4,322 | 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 was sold at a range of between $56.31 and $56.356 per share. The sale price 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.
- F4Reflects stock allocated to, and indirectly held by, the Reporting Person under the Issuer's 401(k) Plan.
- F5The stock options exercised by the Reporting Person vested in three equal installments on January 14, 2011, January 14, 2012 and January 14, 2013.
- F6Reflects stock options granted pursuant to Rule 16b-3.