Brightman Stuart M 4
4 · TETRA TECHNOLOGIES INC · Filed Feb 26, 2018
Insider Transaction Report
Form 4
Brightman Stuart M
Executive Vice President & COO
Transactions
- Award
Cash-Settled Stock Appreciation Right
2018-02-22$3.87/sh+306,011$1,184,263→ 306,011 totalExercise: $3.87Exp: 2027-02-22→ Common Stock (306,011 underlying) - Award
Common Stock
2018-02-22+293,964→ 1,169,258 total
Footnotes (2)
- [F1]This restricted stock award was granted pursuant to the TETRA Technologies, Inc. Third Amended and Restated 2011 Long Term Incentive Compensation Plan. One-third of the award will vest on February 22, 2019, and one-sixth at the completion of each six-month period thereafter until February 22, 2021.
- [F2]Each Cash-Settled Stock Appreciation Right ("SAR") represents the right to receive, upon exercise, an amount equal to the excess of (a) the Fair Market Value of a share of Common Stock on the date of exercise, over (b) the Exercise Price per SAR set for the in the Notice of Award Agreement. One-third of the 306,011 SAR awards will vest on February 22, 2019, and the remaining award will vest monthly thereafter until February 22, 2021.