SEC Form 4 · accession 0001209191-17-014596
TENNECO INC · TEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hendricks Martin
Officer — Executive Vice President
Period of report
Feb 23, 2017
Accepted (ET)
Feb 27, 2017 · 11:19 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 StockF2 | Feb 23, 2017 | A | 3,561 | $0.00 | A | 6,575 | D | |
| Common StockF2 | Feb 23, 2017 | F | 1,674 | $66.18 | D | 4,901 | 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, all of which vests on the second anniversary 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 remaining after acceleration becomes vested in an installment of 1,887 shares on February 23, 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.