4//SEC Filing
SALIN JANIS B 4
Accession 0000831641-17-000103
CIK 0000831641other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 4:25 PM ET
Size
10.3 KB
Accession
0000831641-17-000103
Insider Transaction Report
Form 4
TETRA TECH INCTTEK
SALIN JANIS B
VICE PRESIDENT
Transactions
- Award
COMMON STOCK
2017-11-21+6,156→ 31,915 total - Tax Payment
COMMON STOCK
2017-11-21$50.00/sh−4,553$227,650→ 33,179 total - Award
COMMON STOCK
2017-11-21+5,817→ 37,732 total - Tax Payment
COMMON STOCK
2017-11-21$50.00/sh−402$20,100→ 32,777 total
Footnotes (4)
- [F1]Each performance share unit ("PSU") represents the right to receive one share of Common Stock. The PSUs awarded cliff-vest after a 3-year performance period. The Performance Period was the Company's fiscal years 2015, 2016 and 2017. The number of PSUs earned by the Awardee was determined at the end of the Performance Period by measuring earnings per share ("EPS") growth, which was 35% year-over-year growth. Therefore, 200% of the 3,078 PSUs awarded on November 21, 2014 were earned and vested on November 21, 2017.
- [F2]Each performance share unit ("PSU") represents the right to receive one share of Common Stock. The PSUs awarded cliff-vest after a 3-year performance period. The Performance Period was the Company's fiscal years 2015, 2016 and 2017. The number of PSUs earned by the Awardee for the Performance Period was determined at the end of the Performance Period by measuring relative total shareholder return ("TSR"), with equal weight given to the selected industry peer group and to the S&P 1000. The TSR peer group performance percentile was 89%, and the TSR S&P 1000 performance percentile was 82%. Straight line interpolation determined the vesting credit percentage. Therefore, 189% of the 3,078 PSUs awarded on November 21, 2014 were earned and vested on November 21, 2017.
- [F3]4,553 of the shares underlying PSUs which vested on 11/21/2017 were withheld to pay the related tax liability.
- [F4]402 of the shares underlying restricted stock which vested on 11/21/2017 were withheld to pay the related tax liability.
Documents
Issuer
TETRA TECH INC
CIK 0000831641
Entity typeother
Related Parties
1- filerCIK 0001206392
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 4:25 PM ET
- Size
- 10.3 KB