Richard D. O'Brien - Aug 25, 2021 Form 4 Insider Report for TETRA TECHNOLOGIES INC (TTI)

Signature
Kimberly M. O'Brien, attorney in fact
Stock symbol
TTI
Transactions as of
Aug 25, 2021
Transactions value $
-$7,083
Form type
4
Date filed
8/27/2021, 04:34 PM
Next filing
Sep 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTI Common Stock Options Exercise $0 +10.1K +4.91% $0.00 217K Aug 25, 2021 Direct F1
transaction TTI Common Stock Tax liability -$7.08K -2.47K -1.14% $2.87 214K Aug 25, 2021 Direct F2

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 Units Options Exercise $0 -10.1K -25% $0.00 30.4K Aug 25, 2021 Common Stock 10.1K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vested shares of restricted stock units granted on February 20, 2020. Restricted stock units convert into common stock on a one-for-one basis.
F2 Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the restricted stock unit granted on February 20, 2020.
F3 The remaining unvested portion of this restricted stock unit award will vest every six months until fully vested on February 25, 2023. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.