Shawn D. Williams - May 21, 2024 Form 4 Insider Report for TETRA TECHNOLOGIES INC (TTI)

Role
Director
Signature
Kimberly M. O'Brien, attorney in fact
Stock symbol
TTI
Transactions as of
May 21, 2024
Transactions value $
$0
Form type
4
Date filed
5/22/2024, 04:14 PM
Previous filing
May 1, 2024
Next filing
May 29, 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 +26.6K $0.00 26.6K May 21, 2024 Common Stock 26.6K $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, once vested and as soon as practicable after the Reporting Person no longer serves as a director, one share of Issuer's common stock. The closing price of the Issuer's common stock on the date of this RSU award was $4.07.
F2 This restricted stock unit ("RSU") award was granted pursuant to the TETRA Technologies, Inc. Second Amended and Restated 2018 Equity Incentive Plan. The Award will cliff vest on the one-year anniversary of the Grant Date. The Reporting Person has elected to defer settlement of RSUs in accordance with his deferral election form to the earlier to occur of (i) the consummation of a change in control of the Issuer and (ii) the date of his separation of service from the Issuer. 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.