Company: TENB
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001660280-25-000058
Chunk: 61

Company: Tenable Holdings, Inc.
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 61
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 performance measures were achieved as follows, resulting in an aggregate weighted payment percentage of 96.4% with respect to the PSUs:

| Corporate Performance Measure      |     | Measure Achieved(1) |           |     | Percentage of Target Measure Achieved(2) |      |   |     | Scaled Payment Percentage |      |   |     | Plan Weight |     |        |     | Weighted   
 Payment    
 Percentage |      |   |
| Revenue + Unlevered Free Cash Flow |     |                     | 1,139,272 |     |                                          | 98.6 | % |     |                           | 97.2 | % |     |             |     | 66.67% |     |            | 64.8 | % |
| Bookings                           |     |                  -3 |           |     |                                          | 97.4 | % |     |                           | 94.9 | % |     |             |     | 33.33% |     |            | 31.6 | % |
| Total                              |     |                     |           |     |                                          |      |   |     |                           |      |   |     |             |     |        |     |            | 96.4 | % |

_____________

(1) The actual performance levels for each performance metric includes the impact of Eureka from June 6, 2024 (date of acquisition) through the end of the year.

(2) The target performance level for each performance metric was adjusted to include the expected impact of Eureka from June 6, 2024 (date of acquisition) through the end of the year as approved by our Board of Directors.

(3) We have chosen not to disclose the target performance level for our bookings performance measure as such information is proprietary in nature, the disclosure of which could result in competitive harm to the Company. For 2024, the Board of Directors considered the target performance achievement levels for the booking performance measure to be challenging but achievable with significant effort requiring circumstances to align as projected. The bookings performance attainment reflected a 12.0% increase over our actual bookings results from 2023.

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Accordingly, the number of PSUs that were earned based on performance by the Named Executive Officers are:

| Named Executive Officer |     | Number of 2024 PSUs Eligible to Service-Vest |        |
| Mr. Yoran               |     |                                              | 90,