SEC Form 4 · accession 0001209191-19-012599
Tenable Holdings, Inc. · TENB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Negron
Officer — Chief Revenue Officer
Period of report
Feb 20, 2019
Accepted (ET)
Feb 22, 2019 · 4:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001660280
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 20, 2019 | M | 21,673 | $4.25 | A | 21,673 | D | |
| Common StockF2 | Feb 20, 2019 | S | 21,673 | $29.30 | D | 0 | D | |
| Common Stock | Feb 21, 2019 | M | 100 | $4.25 | A | 100 | D | |
| Common Stock | Feb 21, 2019 | S | 100 | $29.26 | D | 0 | 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,F4 | — | Feb 20, 2019 | A | 54,682 | A | — | — | Common Stock | 54,682 | 54,682 | D |
| Employee Stock Option (right to buy)F5 | $4.25 | Feb 20, 2019 | M | 21,673 | D | — | Feb 27, 2027 | Common Stock | 21,673 | 500,645 | D |
| Employee Stock Option (right to buy)F5 | $4.25 | Feb 21, 2019 | M | 100 | D | — | Feb 27, 2027 | Common Stock | 100 | 500,545 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.26 to $29.43 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
- F3Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
- F425% of the shares underlying the RSUs vest on February 20, 2020, with the remainder vesting in equal quarterly installments over 3 years, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date, and subject to accelerated vesting in specified circumstances.
- F525% of the shares underlying the option vested on February 27, 2018, with the remainder vesting in 12 equal quarterly installments thereafter, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date, and subject to accelerated vesting in specified circumstances.