SEC Form 4 · accession 0001209191-17-010560
TENNECO INC · TEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg A Bolt
Officer — Senior Vice President
Period of report
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 5:38 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 | Feb 10, 2017 | M | 11,089 | $36.37 | A | 31,565 | D | |
| Common StockF2 | Feb 10, 2017 | S | 11,089 | $66.10 | D | 20,476 | D | |
| Common Stock | holding | — | — | — | 17,544 | 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)F4,F3 | $36.37 | Feb 10, 2017 | M | 11,089 | D | — | Jan 31, 2020 | Common Stock | 11,089 | 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 $66.05 and $66.96 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 stock options exercised by the Reporting Person vested in three equal installments on February 1, 2014, February 1, 2015 and February 1, 2016.
- F4Reflects stock options granted pursuant to Rule 16b-3.