Elijio V. Serrano - Feb 19, 2024 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 19, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/21/2024, 04:48 PM
Previous filing: Aug 29, 2023
Next filing: Feb 26, 2024

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	+121K		$0.00	121K	Feb 19, 2024	Common Stock	121K	$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 $3.94.
F2	The RSU was granted pursuant to the TETRA Technologies, Inc. Second Amended and Restated 2018 Equity Incentive Plan. One-third of the award will vest on February 19, 2025 and one-sixth of the award will vest on each August 25th and February 25th thereafter until fully vested on February 25, 2027, 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.

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 $3.94.

The RSU was granted pursuant to the TETRA Technologies, Inc. Second Amended and Restated 2018 Equity Incentive Plan. One-third of the award will vest on February 19, 2025 and one-sixth of the award will vest on each August 25th and February 25th thereafter until fully vested on February 25, 2027, 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.