Elijio V. Serrano - Feb 25, 2022 Form 4 Insider Report for TETRA TECHNOLOGIES INC (TTI)

Role
Sr. Vice President & CFO
Signature
Kimberly M. O'Brien, attorney in fact
Stock symbol
TTI
Transactions as of
Feb 25, 2022
Transactions value $
-$49,795
Form type
4
Date filed
3/1/2022, 07:31 PM
Previous filing
Feb 23, 2022
Next filing
Aug 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTI Common Stock Options Exercise $0 +35.5K +4.33% $0.00 855K Feb 25, 2022 Direct F1
transaction TTI Common Stock Options Exercise $0 +34.1K +3.99% $0.00 889K Feb 25, 2022 Direct F2
transaction TTI Common Stock Tax liability -$24.4K -8.3K -0.93% $2.94 881K Feb 25, 2022 Direct F3
transaction TTI Common Stock Tax liability -$25.4K -8.64K -0.98% $2.94 872K Feb 25, 2022 Direct F4

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 Common Stock Options Exercise $0 -35.5K -33.33% $0.00 70.9K Feb 25, 2022 Common Stock 35.5K Direct F1, F5
transaction TTI Restricted Stock Units Options Exercise $0 -34.1K -100% $0.00* 0 Feb 25, 2022 Common Stock 34.1K Direct F2, F6
* 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 Represents vested shares of restricted stock units granted on February 21, 2019. Restricted stock units convert into common stock on a one-for-one basis.
F3 Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the restricted stock unit granted on February 21, 2019.
F4 Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the restricted stock unit granted on February 20, 2020.
F5 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.
F6 The restricted stock unit award fully vested on February 25, 2022. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.