AI assistant
TETRA TECH INC — Director's Dealing 2015
Nov 24, 2015
30629_dirs_2015-11-24_7b8449c6-0b87-46cb-99a1-f93da919bc25.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TETRA TECH INC (TTEK)
CIK: 0000831641
Period of Report: 2015-11-20
Reporting Person: BROWNLIE WILLIAM R (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-20 | COMMON STOCK | D | 1333 | — | Disposed | 66668 | Direct |
| 2015-11-20 | COMMON STOCK | A | 2853 | — | Acquired | 69521 | Direct |
| 2015-11-21 | COMMON STOCK | F | 256 | $27.16 | Disposed | 69265 | Direct |
| 2015-11-22 | COMMON STOCK | A | 560 | — | Acquired | 69825 | Direct |
| 2015-11-22 | COMMON STOCK | F | 738 | $27.16 | Disposed | 69087 | Direct |
| 2015-11-22 | COMMON STOCK | F | 198 | $27.16 | Disposed | 68889 | 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 | 9633 | Acquired | 2025-11-20 | COMMON STOCK (9633) | 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, 1,333 shares of restricted stock granted on 11/16/2012 were canceled on 11/20/2015 when certain performance conditions were not achieved.
F3: 2,853 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: 256 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 560 addtional shares were issued to the reporting person.
F6: 738 of the shares underlying restricted stock which vested on 11/22/2015 were withheld to pay the related tax liability.
F7: 198 of the shares underlying RSUs which vested on 11/22/2015 were withheld to pay the related tax liability.