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TETRA TECH INC — Director's Dealing 2020
Nov 20, 2020
30629_dirs_2020-11-20_48b3fa37-4024-426d-a6a0-86a200e666f3.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: 2020-11-18
Reporting Person: BROWNLIE WILLIAM R (SVP, Chief Engineer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-18 | COMMON STOCK | M | 539 | — | Acquired | 84677 | Direct |
| 2020-11-18 | COMMON STOCK | M | 408 | — | Acquired | 85085 | Direct |
| 2020-11-18 | COMMON STOCK | A | 6878 | — | Acquired | 91963 | Direct |
| 2020-11-18 | COMMON STOCK | F | 3749 | $122 | Disposed | 88214 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-18 | RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) | $0.0 | M | 539 | Disposed | 2022-11-18 | COMMON STOCK (539.0) | Direct |
| 2020-11-18 | RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) | $0.0 | M | 408 | Disposed | 2023-11-18 | COMMON STOCK (408.0) | Direct |
| 2020-11-19 | RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) | $0.0 | A | 1230 | Acquired | 2024-11-19 | COMMON STOCK (1230.0) | Direct |
Footnotes
F1: Shares automatically acquired upon the vesting of restricted stock units (RSUs).
F2: 82 of the RSUs vested on 11/18/2020 are subject to the Reporting Person's deferral into the Issuer's Deferred Compensation Plan, and will be settled in shares of the Issuer's common stock according to the Reporting Person's elected distribution schedule.
F3: Shares acquired pursuant to vesting of performance stock units (PSUs) earned under 2015 Equity Incentive Plan.
F4: Represents the combined number of shares withheld to pay the related tax liability on a total of 6,878 performance stock units (PSUs) and 1,782 restricted stock units (RSUs) which were vested and released on 11/18/2020.
F5: The restricted stock units (RSUs) become vested as to 25% of the shares underlying the RSUs on November 18, 2019, and on each of anniversary of that date until the RSUs are fully vested.
F6: The RSUs become vested as to 25% of the shares on November 18, 2020, and the anniversary of that date going forward until fully vested.
F7: The RSUs become vested as to 25% of the shares on November 18, 2021, and the anniversary of that date going forward until fully vested.