SEC Form 4 · accession 0001209191-17-052808
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
Sep 12, 2017
Accepted (ET)
Sep 14, 2017 · 4:16 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 | Sep 12, 2017 | M | 5,785 | $29.83 | A | 31,915 | D | |
| Common StockF2 | Sep 12, 2017 | S | 5,785 | $55.31 | D | 26,130 | D | |
| Common Stock | Sep 12, 2017 | M | 5,322 | $36.29 | A | 31,452 | D | |
| Common StockF3 | Sep 12, 2017 | S | 5,322 | $55.31 | D | 26,130 | D | |
| Common Stock | Sep 13, 2017 | S | 120 | $56.31 | D | 0 | I | By Daughter |
| Common Stock | Sep 13, 2017 | S | 215 | $56.32 | D | 0 | I | By Son |
| Common Stock | Sep 13, 2017 | S | 160 | $56.31 | D | 0 | I | By Son |
| Common StockF4 | holding | — | — | — | 6,997 | D | ||
| Common StockF5 | 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 Option (Right to Acquire)F7,F6 | $29.83 | Sep 12, 2017 | M | 5,785 | D | — | Jan 17, 2019 | Common Stock | 5,785 | 0 | D |
| Employee Stock Option (Right to Acquire)F7,F8 | $36.29 | Sep 12, 2017 | M | 5,322 | D | — | Jan 15, 2020 | Common Stock | 5,322 | 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 $55.233 and $55.395 per share. The sale price 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 was sold at a range of between $55.230 and $55.420 per share. The sale price 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 stock 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 18, 2013, January 18, 2014 and January 18, 2015.
- F7Reflects stock options granted pursuant to Rule 16b-3.
- F8The stock options exercised by the Reporting Person vested in three equal installments on January 16, 2014, January 16, 2015 and January 16, 2016.