SEC Form 4 · accession 0001209191-17-010946
TENNECO INC · TEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth R Trammell
Officer — Exec. Vice President and CFO
Period of report
Feb 13, 2017
Accepted (ET)
Feb 15, 2017 · 11:07 am 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 13, 2017 | M | 12,966 | $45.42 | A | 134,926 | D | |
| Common StockF2 | Feb 13, 2017 | S | 12,966 | $66.24 | D | 121,960 | D | |
| Common Stock | Feb 13, 2017 | M | 100 | $29.83 | A | 122,060 | D | |
| Common Stock | Feb 13, 2017 | S | 100 | $67.02 | D | 121,960 | D | |
| Common Stock | Feb 13, 2017 | M | 22,396 | $29.83 | A | 144,356 | D | |
| Common StockF3 | Feb 13, 2017 | S | 22,396 | $66.26 | D | 121,960 | D | |
| Common StockF4 | holding | — | — | — | 25,800 | D | ||
| Common StockF5 | holding | — | — | — | 3,803 | I | 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)F7,F6 | $45.42 | Feb 13, 2017 | M | 12,966 | D | — | Jan 18, 2018 | Common Stock | 12,966 | 0 | D |
| Employee Stock Options (Right to Acquire)F7,F8 | $29.83 | Feb 13, 2017 | M | 22,496 | D | — | Jan 17, 2019 | Common Stock | 22,496 | 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 $66.12 and $66.32 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 $66.11 and $66.46 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.
- F5Reflects shares allocated to, and indirectly held by, the Reporting Person under the Issuer's 401(k) Plan.
- F6The stock options exercised by the Reporting Person vested in three equal installments on January 19, 2012, January 19, 2013 and January 19, 2014.
- F7Reflects stock options granted pursuant to Rule 16b-3.
- F8The stock options exercised by the Reporting Person vested in three equal installments on January 18, 2013, January 18, 2014 and January 18, 2015.