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TETRA TECHNOLOGIES INC — Director's Dealing 2024
Mar 19, 2024
32621_dirs_2024-03-19_02bee4e1-77f2-4b0b-b392-fa72ceac9398.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: 2024-03-15
Reporting Person: Mucha Jacek M (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-15 | Restricted Stock Units | $0.00 | A | 8935.00 | Acquired | 2025-03-31 | Common Stock (8935.00) | Direct |
Footnotes
F1: 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 $4.27.
F2: Upon the Reporting Person's election, a portion of the annual bonus earned by the Reporting Person for the 2023 performance year was settled in restricted stock units ("RSUs") rather than cash. The RSU was granted pursuant to the TETRA Technologies, Inc. Second Amended and Restated 2018 Equity Incentive Plan. One hundred percent of the award will vest on March 15, 2025, subject to continued service on the 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.