Dan L. Batrack - Nov 18, 2021 Form 4 Insider Report for TETRA TECH INC (TTEK)

Role
CHAIRMAN AND CEO, Director
Signature
/s/ Preston Hopson, Attorney-in-fact for Dan L. Batrack
Stock symbol
TTEK
Transactions as of
Nov 18, 2021
Transactions value $
-$1,757,805
Form type
4
Date filed
11/22/2021, 06:40 PM
Next filing
Nov 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTEK COMMON STOCK Options Exercise $0 +5.31K +2.59% $0.00 210K Nov 18, 2021 Direct F1
transaction TTEK COMMON STOCK Options Exercise $0 +4.28K +2.04% $0.00 214K Nov 18, 2021 Direct F1
transaction TTEK COMMON STOCK Options Exercise $0 +3.28K +1.53% $0.00 218K Nov 18, 2021 Direct F1
transaction TTEK COMMON STOCK Tax liability -$1.76M -9.36K -4.3% $187.88 208K Nov 18, 2021 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TTEK RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) Options Exercise $0 -5.31K -50% $0.00 5.31K Nov 18, 2021 COMMON STOCK 5.31K $0.00 Direct F4
transaction TTEK RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) Options Exercise $0 -4.28K -33.33% $0.00 8.55K Nov 18, 2021 COMMON STOCK 4.28K $0.00 Direct F5
transaction TTEK RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) Options Exercise $0 -3.28K -25% $0.00 9.84K Nov 18, 2021 COMMON STOCK 3.28K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The award becomes vested as to 25% of the RSUs on the anniversary of the grant date.
F2 Represents the combined number of shares withheld to pay the related tax liability on a total of 17,237 restricted stock units (RSUs) which vested on 11/18/2021.
F3 Amount of securities beneficially owned have also been updated to reflect the acquisition of 58 shares of common stock pursuant to the Tetra Tech, Inc. Employee Stock Purchase Plan (ESPP) on December 15, 2020.
F4 The RSUs become vested as to 25% of the shares on November 18, 2019, and the anniversary of that date going forward until fully vested.
F5 The RSUs become vested as to 25% of the shares on November 18, 2020, and the anniversary of that date going forward until fully vested.
F6 The RSUs become vested as to 25% of the shares on November 18, 2021, and the anniversary of that date going forward until fully vested.