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TETRA TECH INC — Director's Dealing 2015
Nov 24, 2015
30629_dirs_2015-11-24_d1bc4885-44a8-4841-96ad-4535c496ae67.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TETRA TECH INC (TTEK)
CIK: 0000831641
Period of Report: 2015-11-20
Reporting Person: BATRACK DAN L (Director, CHAIRMAN AND CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-20 | COMMON STOCK | D | 12333 | — | Disposed | 181330 | Direct |
| 2015-11-20 | COMMON STOCK | A | 29221 | — | Acquired | 210551 | Direct |
| 2015-11-21 | COMMON STOCK | F | 2704 | $27.16 | Disposed | 207847 | Direct |
| 2015-11-22 | COMMON STOCK | A | 5090 | — | Acquired | 212937 | Direct |
| 2015-11-22 | COMMON STOCK | F | 9213 | $27.16 | Disposed | 203724 | Direct |
| 2015-11-22 | COMMON STOCK | F | 1794 | $27.16 | Disposed | 201930 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-20 | STOCK OPTION (RIGHT TO BUY) | $27.16 | A | 98684 | Acquired | 2025-11-20 | COMMON STOCK (98684) | Direct |
Footnotes
F1: The option becomes exercisable as to 25% of the shares on each anniversary of the grant date.
F2: In accordance with the Executive Compensation Policy, 12,333 shares of restricted stock granted on 11/16/2012 were canceled on 11/20/2015 when certain performance conditions were not achieved.
F3: 29,221 restricted stock units (RSUs) were awarded to the reporting person on November 20, 2015. The RSUs become vested as to 25% of the shares on each anniversary of the grant date.
F4: 2,704 of the shares underlying RSUs which vested on 11/21/2015 were withheld to pay the related tax liability.
F5: In accordance with the Executive Compensation Policy, 140% of one restricted stock installment granted on 11/22/2013 became vested on 11/22/2015, and 5,090 addtional shares were issued to the reporting person.
F6: 9,213 of the shares underlying restricted stock which vested on 11/22/2015 were withheld to pay the related tax liability.
F7: 1,794 of the shares underlying RSUs which vested on 11/22/2015 were withheld to pay the related tax liability.