Filing Details
- Accession Number:
- 0001660280-24-000021
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-22 20:49:49
- Reporting Period:
- 2024-02-20
- Accepted Time:
- 2024-02-22 20:49:49
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1660280 | Tenable Holdings Inc. | TENB | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1383318 | Amit Yoran | C/O Tenable Holdings, Inc. 6100 Merriweather Drive Columbia MD 21044 | President, Ceo And Chairman | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2024-02-20 | 14,551 | $0.00 | 306,083 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2024-02-20 | 10,690 | $0.00 | 316,773 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-02-21 | 12,329 | $46.22 | 304,444 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-02-22 | 11,264 | $0.00 | 315,708 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2024-02-22 | 35,990 | $0.00 | 351,698 | No | 4 | M | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2024-02-20 | 14,551 | $0.00 | 14,551 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2024-02-20 | 10,690 | $0.00 | 10,690 | $0.00 |
| Common Stock | Performance Restricted Stock Units | Acquisiton | 2024-02-22 | 45,059 | $0.00 | 45,059 | $0.00 |
| Common Stock | Performance Restricted Stock Units | Disposition | 2024-02-22 | 11,264 | $0.00 | 11,264 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2024-02-22 | 35,990 | $0.00 | 35,990 | $0.00 |
| Common Stock | Restricted Stock Units | Acquisiton | 2024-02-22 | 173,516 | $0.00 | 173,516 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 42,760 | No | 4 | M | Direct | ||
| 45,059 | No | 4 | A | Direct | ||
| 33,795 | No | 4 | M | Direct | ||
| 107,973 | No | 4 | M | Direct | ||
| 173,516 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 169,765 | Indirect | By Grantor Retained Annuity Trust |
| Common Stock | 335,435 | Indirect | By Grantor Retained Annuity Trust |
| Common Stock | 245,947 | Indirect | By Trust |
Footnotes
- The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- The Trustee of the Amit Yoran GRAT B is Amit Yoran.
- The Trustee of the Amit Yoran GRAT A is Amit Yoran.
- The Trustees of the Amit Yoran 2020 Family Trust are Dov Yoran and David Redling.
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
- 100% of the shares underlying the RSUs vested on February 19, 2024.
- 25% of the shares underlying the RSUs vested on February 17, 2022, 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.
- On February 21, 2024, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the Performance Restricted Stock Units (PRSUs) granted on February 22, 2023 and determined a 93.9% payout for the measurement period based on the Issuer's fiscal year 2023 criteria. 25% of the shares underlying the PRSUs vested on February 22, 2024, 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.
- 25% of the shares underlying the RSUs vested on February 22, 2024, 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.
- 25% of the shares underlying the RSUs vest on February 22, 2025, 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.
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