SEC Form 4 · accession 0001209191-19-013576
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 22, 2019
Accepted (ET)
Feb 26, 2019 · 4:46 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 22, 2019 | M | 62,998 | $4.25 | A | 62,998 | D | |
| Common StockF2 | Feb 22, 2019 | S | 62,998 | $29.43 | D | 0 | D | |
| Common Stock | Feb 25, 2019 | M | 65,265 | $4.25 | A | 65,265 | D | |
| Common StockF3 | Feb 25, 2019 | S | 65,265 | $29.66 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $4.25 | Feb 22, 2019 | M | 62,998 | D | — | Feb 27, 2027 | Common Stock | 62,998 | 437,547 | D |
| Employee Stock Option (right to buy)F4 | $4.25 | Feb 25, 2019 | M | 65,265 | D | — | Feb 27, 2027 | Common Stock | 65,265 | 372,282 | 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 $29.43 to $29.435 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 ranges set forth in footnotes (2) and (3) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.38 to $29.835 inclusive.
- F425% 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.