Brightman Stuart M 4
4 · TETRA TECHNOLOGIES INC · Filed Feb 25, 2019
Insider Transaction Report
Form 4
Brightman Stuart M
Executive Vice President & COO
Transactions
- Award
Restricted Stock Unit
2019-02-21+67,050→ 67,050 total→ Common Stock (602,669 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents the contingent right to receive one share of Issuers common stock or cash in lieu thereof upon vesting of the unit. The closing price of the Issuers common stock on the date of this RSU award was $ 2.50.
- [F2]The RSU was granted pursuant to the TETRA Technologies, Inc. 2018 Equity Incentive Plan. One-third of the award will vest on February 21, 2020, and one-sixth at the completion of each six-month period thereafter until February 21, 2022, 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.