Timothy C. Moeller - 04 Oct 2023 Form 4 Insider Report for TETRA TECHNOLOGIES INC (TTI)

Role: SVP - Supply Chain & Chemicals
Signature: Kimberly M. O'Brien, attorney in fact
Issuer symbol: TTI
Transactions as of: 04 Oct 2023
Net transactions value: $0
Form type: 4
Filing time: 05 Oct 2023, 16:23:28 UTC
Previous filing: 29 Aug 2023
Next filing: 21 Feb 2024
SEC: View on sec.gov

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	+75,000		$0.000000	75,000	04 Oct 2023	Common Stock	75,000	$0.000000	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 $5.52.
F2	The special off-cycle award of RSUs was granted pursuant to the TETRA Technologies, Inc. Second Amended and Restated 2018 Equity Incentive Plan. One-third of the award will vest on each of the first, second, and third anniversaries of the grant date, 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 discretion.

Content

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 $5.52.

The special off-cycle award of RSUs was granted pursuant to the TETRA Technologies, Inc. Second Amended and Restated 2018 Equity Incentive Plan. One-third of the award will vest on each of the first, second, and third anniversaries of the grant date, 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 discretion.