SEC Form 4 · accession 0001209191-17-043964
TENNECO INC · TEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John E Kunz
Officer — Vice President and Controller
Period of report
Jul 3, 2017
Accepted (ET)
Jul 6, 2017 · 3:59 pm EDT
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 | Jul 3, 2017 | M | 4,243 | $45.42 | A | 30,373 | D | |
| Common Stock | Jul 3, 2017 | S | 4,243 | $59.75 | D | 26,130 | D | |
| Common StockF2 | holding | — | — | — | 6,997 | D | ||
| Common Stock | holding | — | — | — | 120 | I | By Daughter | |
| Common Stock | holding | — | — | — | 215 | I | By Son | |
| Common Stock | holding | — | — | — | 155 | I | By Son | |
| Common StockF3 | holding | — | — | — | 3,106 | 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)F5,F4 | $45.42 | Jul 3, 2017 | M | 4,243 | D | — | Jan 18, 2018 | Common Stock | 4,243 | 0 | D |
Explanation of responses
- F1Reflects cashless exercise of stock options which were granted pursuant to Rule 16b-3. The transaction was effected pursuant to a plan adopted under Rule 10b5-1.
- F2Reflects restricted stock granted to the Reporting Person pursuant to Rule 16b-3.
- F3Reflects stock allocated to, and indirectly held by, the Reporting Person under the Issuer's 401(k) Plan.
- F4The stock options exercised by the Reporting Person vested in three equal installments on January 19, 2012, January 19, 2013 and January 19, 2014.
- F5Reflects stock options granted pursuant to Rule 16b-3.