SEC Form 4 · accession 0001209191-18-062304
TENNECO INC · TEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason M. Hollar
Officer — Exec. Vice President and CFO
Period of report
Dec 10, 2018
Accepted (ET)
Dec 12, 2018 · 6:04 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 |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | holding | — | — | — | 4,808 | D | ||
| Class A Common StockF1 | holding | — | — | — | 3,562 | 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 UnitsF3,F2 | — | Dec 10, 2018 | A | 23,020 | A | — | — | Class A common Stock | 23,020 | 23,020 | D |
Explanation of responses
- F1Reflects restricted stock granted to the Reporting Person pursuant to Rule 16b-3.
- F2Reflects restricted stock units granted to the Reporting Person pursuant to Rule 16b-3, all of which vest on the third anniversary of the grant date. Each restricted stock unit represents the contingent right to receive one share of Class A common stock. Upon consummation of the Issuer's proposed separation into two companies, 50 percent of the units will be converted into units representing the right to receive shares of the company to be spun off.
- F3Does not give effect to the 12,939 restricted stock units previously granted to the Reporting Person and which vest on different schedules.