SEC Form 4 · accession 0001209191-16-154890
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
Dec 9, 2016
Accepted (ET)
Dec 13, 2016 · 4:07 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 9, 2016 | M | 6,293 | $29.83 | A | 37,158 | D | |
| Common StockF2 | Dec 9, 2016 | S | 6,293 | $66.29 | D | 30,865 | D | |
| Common Stock | Dec 9, 2016 | M | 14,784 | $36.29 | A | 45,649 | D | |
| Common StockF3 | Dec 9, 2016 | S | 14,784 | $66.43 | D | 30,865 | D | |
| Common StockF4 | holding | — | — | — | 22,182 | 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)F6,F5 | $29.83 | Dec 9, 2016 | M | 6,293 | D | — | Jan 17, 2019 | Common Shares | 6,293 | 0 | D |
| Employee Stock Options (Right to Acquire)F6,F7 | $36.29 | Dec 9, 2016 | M | 14,784 | D | — | Jan 15, 2020 | Common Shares | 14,784 | 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 $66.19 and $66.37 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.
- F3The Common Stock sold by the Reporting Person and reported herein were sold at a range of between $66.10 and $66.74 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.
- F4Reflects restricted stock granted to the Reporting Person pursuant to Rule 16b-3.
- F5The stock options exercised by the Reporting Person vested in three equal installments on January 18, 2013, January 18, 2014 and January 18, 2015.
- F6Reflects stock options granted pursuant to Rule 16b-3.
- F7The stock options exercised by the Reporting Person vested in three equal installments on January 16, 2014, January 16, 2015 and January 16, 2016.