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TETRA TECH INC — Director's Dealing 2020
Nov 20, 2020
30629_dirs_2020-11-20_8a16e7d0-6676-40db-b159-abb696f73f0e.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: BURDICK STEVEN M (EVP, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-18 | COMMON STOCK | M | 11427 | $40.80 | Acquired | 71916 | Direct |
| 2020-11-18 | COMMON STOCK | M | 8371 | $47.95 | Acquired | 80287 | Direct |
| 2020-11-18 | COMMON STOCK | S | 19798 | $123.4059 | Disposed | 60489 | Direct |
| 2020-11-18 | COMMON STOCK | M | 1001 | — | Acquired | 61490 | Direct |
| 2020-11-18 | COMMON STOCK | M | 815 | — | Acquired | 62305 | Direct |
| 2020-11-18 | COMMON STOCK | A | 13756 | — | Acquired | 76061 | Direct |
| 2020-11-18 | COMMON STOCK | F | 9338 | $122 | Disposed | 66723 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-18 | STOCK OPTION (RIGHT TO BUY) | $40.8 | M | 11427 | Disposed | 2026-11-18 | COMMON STOCK (11427.0) | Direct |
| 2020-11-18 | STOCK OPTION (RIGHT TO BUY) | $47.95 | M | 8371 | Disposed | 2027-11-17 | COMMON STOCK (8371.0) | Direct |
| 2020-11-18 | RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) | $0.0 | M | 1001 | Disposed | 2022-11-18 | COMMON STOCK (1001.0) | Direct |
| 2020-11-18 | RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) | $0.0 | M | 815 | Disposed | 2023-11-21 | COMMON STOCK (815.0) | Direct |
| 2020-11-18 | RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) | $0.0 | A | 2951 | Acquired | 2024-11-19 | COMMON STOCK (2951.0) | Direct |
Footnotes
F1: $123.4059 is an average price. Shares were sold at prices ranging from $122.00 to $125.37 per share.
F2: Shares automatically acquired upon the vesting of restricted stock units (RSUs).
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 13,756 performance stock units (PSUs) and 3,538 restricted stock units (RSUs) which vested on 11/18/2020.
F5: The option becomes exercisable as to 25% of the shares on each anniversary of the grant date.
F6: The option granted expires 10 years after the grant date.
F7: The RSUs become vested as to 25% of the shares on November 18, 2019, and the anniversary of that date until fully vested.
F8: 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.
F9: 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.