Matthew Sanderson - Feb 21, 2023 Form 4 Insider Report for TETRA TECHNOLOGIES INC (TTI)

Signature
Kimberly M. O'Brien, attorney in fact
Stock symbol
TTI
Transactions as of
Feb 21, 2023
Transactions value $
-$76,777
Form type
4
Date filed
2/23/2023, 06:44 PM
Previous filing
Aug 29, 2022
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTI Common Stock Options Exercise $0 +35.6K +8.25% $0.00 468K Feb 21, 2023 Direct F1
transaction TTI Common Stock Tax liability -$76.8K -19.8K -4.24% $3.87 448K Feb 21, 2023 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 -35.6K -33.33% $0.00 71.3K Feb 21, 2023 Common Stock 35.6K $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 21, 2022. 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 21, 2022.
F3 The remaining unvested portion of this restricted stock unit award will vest every six months until fully vested on February 25, 2025. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.