Evans Elisabeth K 4
4 · TETRA TECHNOLOGIES INC · Filed Feb 24, 2020
Insider Transaction Report
Form 4
Evans Elisabeth K
VP - Human Resources
Transactions
- Award
Restricted Stock Unit
2020-02-20+50,676→ 101,258 total→ Common Stock (50,676 underlying)
Footnotes (2)
- [F1]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 $ 1.41.
- [F2]The RSU was granted pursuant to the TETRA Technologies, Inc. 2018 Equity Incentive Plan. One-third of the award will vest on February 20, 2021, and one-sixth at the completion of each six-month period thereafter until February 20, 2023, 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.