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TETRA TECHNOLOGIES INC — Director's Dealing 2024
Feb 21, 2024
32621_dirs_2024-02-21_ce3c21e2-37b5-417c-ba84-0e918d84e559.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: 2024-02-19
Reporting Person: Moeller Timothy C (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-19 | Restricted Stock Units | $0.00 | A | 81670.00 | Acquired | 2027-02-25 | Common Stock (81670.00) | 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 $3.94.
F2: The RSU was granted pursuant to the TETRA Technologies, Inc. Second Amended and Restated 2018 Equity Incentive Plan. One-third of the award will vest on February 19, 2025 and one-sixth of the award will vest on each August 25th and February 25th thereafter until fully vested on February 25, 2027, 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.