Roy McNiven - Feb 22, 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 22, 2023
Transactions value $
$0
Form type
4
Date filed
2/24/2023, 04:26 PM
Previous filing
Sep 28, 2022
Next filing
Mar 9, 2023

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 Award $0 +76.5K $0.00 76.5K Feb 22, 2023 Common Stock 76.5K $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 $3.77.
F2 The RSU was granted pursuant to the TETRA Technologies, Inc. First Amended and Restated 2018 Equity Incentive Plan. One-third of the award will vest on February 22, 2024 and one-sixth at the completion of each six-month period thereafter until fully vested, subject to continued service with the Issuer on each respective vesting 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.