William D. Sullivan - May 26, 2021 Form 4 Insider Report for TETRA TECHNOLOGIES INC (TTI)

Role: Director
Signature: Kimberly M. O'Brien, attorney in fact
Stock symbol: TTI
Transactions as of: May 26, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/27/2021, 04:45 PM
Next filing: Jun 23, 2021

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	TTI	Restricted Stock Unit	Award	$0	+31.2K		$0.00	31.2K	May 26, 2021	Common Stock	31.2K	$0.00	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 $3.59.
F2	This restricted stock unit award was granted pursuant to the TETRA Technologies, Inc. First Amended and Restated 2018 Equity Incentive Plan. The Award will cliff vest the earlier of the one-year anniversary of the Grant Date and the date of the Company's 2022 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.

Content

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 $3.59.

This restricted stock unit award was granted pursuant to the TETRA Technologies, Inc. First Amended and Restated 2018 Equity Incentive Plan. The Award will cliff vest the earlier of the one-year anniversary of the Grant Date and the date of the Company's 2022 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.