-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PCRSEKlJHXr7jqV4qO4q+te1UxxFICz7t1w4zpd90YeAaKPK9RxeWoBMReQSsRyj Y13c5ZgyuaT2rOdKy2bfEQ== 0000950137-06-001723.txt : 20060213 0000950137-06-001723.hdr.sgml : 20060213 20060213154928 ACCESSION NUMBER: 0000950137-06-001723 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060209 ITEM INFORMATION: Temporary Suspension of Trading Under Registrant's Employee Benefit Plans ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060213 DATE AS OF CHANGE: 20060213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TENNECO INC CENTRAL INDEX KEY: 0001024725 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 760515284 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12387 FILM NUMBER: 06603547 BUSINESS ADDRESS: STREET 1: 500 NORTH FIELD DRIVE CITY: LAKE FOREST STATE: IL ZIP: 60045 BUSINESS PHONE: 847-482-50 MAIL ADDRESS: STREET 1: 500 N FIELD DR STREET 2: ROOM T 2560B CITY: LAKE FOREST STATE: IL ZIP: 60045 FORMER COMPANY: FORMER CONFORMED NAME: TENNECO AUTOMOTIVE INC DATE OF NAME CHANGE: 19991112 FORMER COMPANY: FORMER CONFORMED NAME: NEW TENNECO INC DATE OF NAME CHANGE: 19961011 8-K 1 c02422e8vk.txt CURRENT REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------------------------- FORM 8-K Current Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 ---------------------------------- Date of Report (Date of earliest event reported): February 9, 2006 TENNECO INC. (Exact Name of Registrant as Specified in Charter) Delaware 1-12387 76-0515284 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) of Incorporation Identification No.) 500 NORTH FIELD DRIVE, LAKE FOREST, ILLINOIS 60045 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (847) 482-5000 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 5.04 TEMPORARY SUSPENSION OF TRADING UNDER REGISTRANT'S EMPLOYEE BENEFIT PLANS On February 9, 2006, Tenneco Inc. sent a notice to participants in the Tenneco Employee Stock Ownership Plan for Salaried Employees and the Tenneco Employee Stock Ownership Plan for Hourly Employees (collectively, the "401(k) plans") informing them that, due to a change in record keepers and changes in available investment options under the 401(k) plans, a blackout period under the 401(k) plans would be in effect beginning at 3:00 p.m. eastern time on March 20, 2006 until 9:30 a.m. eastern time on April 3, 2006. The notice stated that, during the blackout period, participants in the 401(k) plans will not be able to transfer or reallocate funds, change contribution rates, make new investment elections or request loans, withdrawals or final distributions from the 401(k) plans. On February 13, 2006, Tenneco Inc. also sent a notice (the "BTR Notice") to its executive officers and directors informing them that, pursuant to Section 306(a) of the Sarbanes-Oxley Act of 2002 and the SEC's rules promulgated thereunder, they would be prohibited from purchasing and selling shares of Tenneco's common stock (including derivative securities pertaining to such shares) on the open market or otherwise during the blackout period. A copy of the BTR Notice is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Tenneco provided the BTR Notice to its executive officers and directors within five business days of February 9, 2006, which is the date that notices were mailed to participants in the 401(k) plans and Tenneco was notified of the blackout period. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS Exhibit No. Description - ----------- ----------- 99.1 Notice to Executive Officers and Directors of Tenneco Inc. Regarding Blackout Period under 401(k) Plans and Restrictions on Ability to Trade in Company Securities SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TENNECO INC. Date: February 13, 2006 By: /s/ Timothy R. Donovan ------------------------------ Timothy R. Donovan Executive Vice President and General Counsel EX-99.1 2 c02422exv99w1.txt NOTICE REGARDING BLACKOUT PERIOD EXHIBIT 99.1 MEMORANDUM TO: EXECUTIVE OFFICERS AND DIRECTORS OF TENNECO INC. FROM: TIMOTHY R. DONOVAN RE: IMPORTANT NOTICE REGARDING 401(K) PLAN BLACKOUT PERIOD AND RESTRICTIONS ON ABILITY TO TRADE IN COMPANY SECURITIES DATE: FEBRUARY 13, 2006 This notice is to inform you of significant restrictions on your ability to trade in Tenneco Inc. ("Company") stock during an upcoming "blackout period" that will apply to the Company's 401 (k) plans. We recognize that the blackout period necessitated by the 401(k) plan changeover will occur during our customary quarterly blackout period prior to the Company's first quarter earnings release. Under applicable law, we are nonetheless required to provide you with this notice. The blackout period, which is due to a conversion to a new plan record keeper and changes in available investment options, will begin at 3:00 p.m. Eastern time on March 20, 2006, and will end at 9:30 a.m. Eastern time on April 3, 2006. During the blackout period, plan participants will not be able to transfer or reallocate funds, change contribution rates, make new investment elections, including investment changes involving the Company's common stock held in the 401(k) plans, or request loans, withdrawals or final distributions from the 401(k) plans. IN ACCORDANCE WITH SECTION 306(A) OF THE SARBANES-OXLEY ACT OF 2002 AND THE SEC'S RULES PROMULGATED THEREUNDER, THE COMPANY'S DIRECTORS AND EXECUTIVE OFFICERS ARE PROHIBITED - FROM 3:00 P.M. EASTERN TIME ON MARCH 20, 2006 THROUGH THE END OF THE BLACKOUT PERIOD - FROM PURCHASING, SELLING, OR OTHERWISE ACQUIRING OR TRANSFERRING, DIRECTLY OR INDIRECTLY, ANY EQUITY SECURITY OF THE COMPANY ACQUIRED IN CONNECTION WITH HIS OR HER SERVICES AS A DIRECTOR OR EXECUTIVE OFFICER. Please note the following: o "Equity securities" is defined broadly to include the Company's common stock, options, and other derivatives. o Covered transactions are not limited to those involving your direct ownership, but include any transaction in which you have a pecuniary interest (for example, transactions by your immediate family members). o Among other things, these rules prohibit exercising options granted to you in connection with your services as a director or executive officer, selling Company stock acquired pursuant to such options, and selling Company stock originally received as a restricted stock grant. These rules apply in addition to the trading restrictions under the Company's insider trading policy. In particular, you will be subject to the customary quarterly blackout period through and including the second business day after the release of our first quarter 2006 earnings. If you engage in a transaction that violates these rules, you may be required to disgorge your profits from the transaction, and you may be subject to civil and criminal penalties. BECAUSE OF THE COMPLEXITY OF THESE RULES AND THE SEVERITY OF THE PENALTIES AND OTHER REMEDIES, PLEASE CONTACT THE OFFICE OF THE GENERAL COUNSEL BEFORE ENGAGING IN ANY TRANSACTION INVOLVING THE COMPANY'S SECURITIES. If you have any questions, please feel free to contact me at 847-482-5053 or at Tenneco Inc, 500 N. Field Drive, Lake Forest, Il. 60045. -----END PRIVACY-ENHANCED MESSAGE-----