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Tenable Holdings, Inc. — Director's Dealing 2019
Feb 22, 2019
31221_dirs_2019-02-22_727fabbf-01e3-4775-af7c-1ae8472eb541.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Tenable Holdings, Inc. (TENB)
CIK: 0001660280
Period of Report: 2019-02-20
Reporting Person: Negron John (Chief Revenue Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-20 | Common Stock | M | 21673 | $4.25 | Acquired | 21673 | Direct |
| 2019-02-20 | Common Stock | S | 21673 | $29.30 | Disposed | 0 | Direct |
| 2019-02-21 | Common Stock | M | 100 | $4.25 | Acquired | 100 | Direct |
| 2019-02-21 | Common Stock | S | 100 | $29.26 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-20 | Restricted Stock Units | $ | A | 54682 | Acquired | Common Stock (54682) | Direct | |
| 2019-02-20 | Employee Stock Option (right to buy) | $4.25 | M | 21673 | Disposed | 2027-02-27 | Common Stock (21673) | Direct |
| 2019-02-21 | Employee Stock Option (right to buy) | $4.25 | M | 100 | Disposed | 2027-02-27 | Common Stock (100) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2: The 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.
F3: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
F4: 25% 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.
F5: 25% 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.