Timothy C. Moeller - Feb 25, 2023 Form 4 Insider Report for TETRA TECHNOLOGIES INC (TTI)

Role
SVP - Supply Chain & Chemicals
Signature
Kimberly M. O'Brien, attorney in fact
Stock symbol
TTI
Transactions as of
Feb 25, 2023
Transactions value $
-$24,195
Form type
4
Date filed
2/28/2023, 04:11 PM
Previous filing
Feb 24, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTI Common Stock Options Exercise $0 +8.45K +4.86% $0.00 182K Feb 25, 2023 Direct F1
transaction TTI Common Stock Tax liability -$7.96K -2.06K -1.13% $3.87 180K Feb 25, 2023 Direct F2
transaction TTI Common Stock Options Exercise $0 +17.3K +9.59% $0.00 197K Feb 25, 2023 Direct F3
transaction TTI Common Stock Tax liability -$16.2K -4.2K -2.13% $3.87 193K Feb 25, 2023 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 Restricted Stock Units Options Exercise $0 -8.45K -100% $0.00* 0 Feb 25, 2023 Common Stock 8.45K $0.00 Direct F1, F5
transaction TTI Restricted Stock Units Options Exercise $0 -17.3K -33.33% $0.00 34.5K Feb 25, 2023 Common Stock 17.3K $0.00 Direct F3, 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 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 Represents vested shares of restricted stock units granted on February 17, 2021. Restricted stock units convert into common stock on a one-for-one basis.
F4 Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the restricted stock unit granted on February 17, 2021.
F5 There is no remaining unvested portion of this restricted stock unit award.
F6 The remaining unvested portion of this restricted stock unit award will vest every six months until fully vested on February 25, 2024. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.