SEC Form 4 · accession 0001209191-17-019266
TENNECO INC · TEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg M Sherrill
Officer — Chairman & CEO · Director
Period of report
Mar 7, 2017
Accepted (ET)
Mar 8, 2017 · 4:27 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 7, 2017 | M | 9,578 | $29.83 | A | 249,634 | D | |
| Common Stock | Mar 7, 2017 | S | 246 | $64.50 | D | 249,388 | D | |
| Common StockF2 | Mar 7, 2017 | S | 9,332 | $64.25 | D | 240,056 | D | |
| Common StockF3 | holding | — | — | — | 73,976 | 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)F5,F4 | $29.83 | Mar 7, 2016 | M | 9,578 | D | — | Jan 17, 2019 | Common Stock | 9,578 | 78,799 | 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 $64.25 and $64.29 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.
- F4The stock options exercised by the Reporting Person vested in three equal installments on January 18, 2013, January 18, 2014 and January 18, 2015.
- F5Reflects stock options granted pursuant to Rule 16b-3.