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TETRA TECHNOLOGIES INC — Director's Dealing 2023
May 26, 2023
32621_dirs_2023-05-26_31dae98a-bd05-4a3b-b70b-f2eafa8eba7b.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: 2023-05-24
Reporting Person: McGee Sharon D. Booth (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-24 | Common Stock | M | 24022.00 | $0.00 | Acquired | 33968.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-24 | Restricted Stock Unit | $0.00 | A | 39091.00 | Acquired | Common Stock (39091.00) | Direct | |
| 2023-05-24 | Restricted Stock Unit | $0.00 | M | 24022.00 | Disposed | Common Stock (24022.00) | Direct |
Footnotes
F1: Represents vested shares of restricted stock units granted on May 24, 2023. Restricted stock units convert into common stock on a one-for-one basis.
F2: Each restricted stock unit ("RSU") represents the contingent right to receive one share of Issuer's common stock upon vesting of the unit. The closing price of the Issuer's common stock on the date of this RSU award was $2.88.
F3: This restricted stock unit award was granted pursuant to the TETRA Technologies, Inc. Second Amended and Restated 2018 Equity Incentive Plan. The Award will cliff vest the earlier of the one-year anniversary of the Grant Date or the date of the Company's 2024 annual meeting of stockholders, subject to continued service with the Issuer at vest 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.
F4: The restricted stock unit award fully vested on May 24, 2023. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.