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TETRA TECHNOLOGIES INC — Director's Dealing 2019
Feb 25, 2019
32621_dirs_2019-02-25_da07432c-a909-45bf-9d3b-491b371bf544.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TETRA TECHNOLOGIES INC (TTI)
CIK: 0000844965
Period of Report: 2019-02-21
Reporting Person: WALLACE BASS C JR (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-21 | Restricted Stock Unit | $ | A | 107620.00 | Acquired | Common Stock (107620.00) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 39497.00 | Indirect |
Footnotes
F1: Rounded. Reflects shares held for the Reporting Person's account by the Trustee of TETRA Technologies, Inc. 401(k) Retirement Plan as of December 31, 2018.
F2: Each restricted stock unit ("RSU") represents the contingent right to receive one share of Issuers common stock upon vesting of the unit. The closing price of the Issuers common stock on the date of this RSU award was $2.50.
F3: The RSU was granted pursuant to the TETRA Technologies, Inc. 2018 Equity Incentive Plan. One-third of the award will vest on February 21, 2020, and one-sixth at the completion of each six-month period thereafter until February 21, 2022, subject to continued service with the Issuer on each respective vesting date. Vested shares will be delivered to the reporting person on the settlement date unless the Issuer elects to settle the RSUs in cash, or a combination of shares and cash, in the Issuer's sole discretion.