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TETRA TECHNOLOGIES INC Director's Dealing 2019

Feb 25, 2019

32621_dirs_2019-02-25_76e391db-c81a-4fb4-9aac-b57bc92fa86d.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: FUNKE JAMES H (N/A)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-02-21 Restricted Stock Unit $ A 69953.00 Acquired Common Stock (69953.00) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 15949.00 Indirect
Common Stock 51448.00 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: These shares are held in a trust for the benefit of the reporting person and the reporting person's spouse and children. The reporting person and his spouse are co-trustees of the trust..

F3: Each restricted stock unit ("RSU") represents the contingent right to receive one share of Issuers common stock or cash in lieu thereof upon vesting of the unit. The closing price of the Issuers common stock on the date of this RSU award was $ 2.50.

F4: 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.