SEC Form 4 · accession 0001209191-17-017459
TENNECO INC · TEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy E Jackson
Officer — Executive Vice President
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 4:16 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 | Mar 1, 2017 | S | 3,930 | $66.00 | D | 42,429 | D | |
| Common Stock | Mar 1, 2017 | M | 7,072 | $45.42 | A | 49,501 | D | |
| Common StockF2 | Mar 1, 2017 | S | 7,072 | $66.371 | D | 42,429 | D | |
| Common StockF3 | holding | — | — | — | 12,242 | D | ||
| Common StockF4 | holding | — | — | — | 4,188 | 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 Aquire)F6,F5 | $45.42 | Mar 1, 2017 | M | 7,072 | D | — | Jan 18, 2018 | Common Stock | 7,072 | 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 $66.74 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.
- F3Reflects restricted stock granted to the Reporting Person pursuant to Rule 16b-3.
- F4Reflects shares 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 19, 2012, January 19, 2013 and January 19, 2014.
- F6Reflects stock options granted pursuant to Rule 16b-3.