SEC Form 4 · accession 0001209191-18-031311
TENNECO INC · TEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian J Kesseler
Officer — Chief Executive Officer · Director
Period of report
May 16, 2018
Accepted (ET)
May 18, 2018 · 12:01 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 | May 17, 2018 | J | 3,743 | $0.00 | A | 82,869 | D | |
| Common Stock | May 17, 2018 | F | 1,659 | $47.97 | D | 81,210 | D | |
| Common StockF3 | May 17, 2018 | J | 3,743 | $0.00 | D | 77,271 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F4 | — | May 16, 2018 | A | 5,013 | A | — | — | Common Stock | 5,013 | 5,013 | D |
Explanation of responses
- F1Reflects vesting of restricted stock granted to the Reporting Person pursuant to Rule 16b-3, which is now being reported as non-restricted stock.
- F2Reflects disposition of shares to the Issuer in the form of share withholding to satisfy tax obligations in connection with the vesting of restricted stock.
- F3Reflects restricted stock granted to the Reporting Person pursuant to Rule 16b-3.
- F4Reflects restricted stock units granted to the Reporting Person pursuant to Section 16b-3, one third of which vest on each of the first three anniversaries of the grant date. Each restricted stock unit represents the contingent right to receive one share of common stock.
- F5Does not give effect to the 34,878 restricted stock units previously granted to the Reporting Person and which vest on a different schedule.