Form 4 for TTI TETRA TECHNOLOGIES INC
Accepted 2023-05-26 00:00:00 ET · period of report 2023-05-24 · accession 0001562180-23-004514 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-26 | 2023-05-24 | TTI | McGee Sharon D. Booth | Dir | M - OptEx | $0.00 | +24.0K | 34.0K | +242% | $0 |
| D | 2023-05-26 | 2023-05-24 | TTI | McGee Sharon D. Booth | Dir | M - OptEx | $0.00 | -24.0K | 0 | -100% | $0 |
| D | 2023-05-26 | 2023-05-24 | TTI | McGee Sharon D. Booth | Dir | A - Grant | $0.00 | +39.1K | 39.1K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-24 | M | A | 24,022 | $0.00 | 33,968 | D | — | — | (F1) Represents vested shares of restricted stock units granted on May 24, 2023. Restricted stock units convert into common stock on a one-for-one basis. |
| 2 | Derivative | Restricted Stock Unit | 2023-05-24 | M | D | 24,022 | $0.00 | 0 | D | $0.00 · — to — | 24,022 Common Stock | (F1) Represents vested shares of restricted stock units granted on May 24, 2023. Restricted stock units convert into common stock on a one-for-one basis. (F4) The restricted stock unit award fully vested on May 24, 2023. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit. |
| 3 | Derivative | Restricted Stock Unit | 2023-05-24 | A | A | 39,091 | $0.00 | 39,091 | D | $0.00 · — to — | 39,091 Common Stock | (F2) 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 $2.88. (F3) This restricted stock unit award was granted pursuant to the TETRA Technologies, Inc. Second Amended and Restated 2018 Equity Incentive Plan. The Award will cliff vest the earlier of the one-year anniversary of the Grant Date or the date of the Company's 2024 annual meeting of stockholders, subject to continued service with the Issuer at vest 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. |