Murphy Brady M 4

4 · TETRA TECHNOLOGIES INC · Filed Mar 18, 2025

Form 4

Period: 2025-03-14

President & CEO

Transactions

Exercise/Conversion
Common Stock
2025-03-15+222,927→ 2,692,807 total
Exercise/Conversion
Restricted Stock Units
2025-03-15−222,927→ 0 total
Exercise: $0.00→ Common Stock (222,927 underlying)
Tax Payment
Common Stock
2025-03-15$3.35/sh−94,410$316,274→ 2,598,397 total
Award
Restricted Stock Units
2025-03-14+371,666→ 371,666 total
Exercise: $0.00→ Common Stock (371,666 underlying)

Footnotes (5)

[F1]Represents vested shares of restricted stock units granted on March 15, 2024. Restricted stock units convert into common stock on a one-for-one basis.
[F2]Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the restricted stock unit granted on March 15, 2024.
[F3]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 $3.35.
[F4]Upon the Reporting Person's election, a portion of the long-term performance-based cash awards earned by the Reporting Person for the 2022 through 2024 performance period were settled in restricted stock units ("RSUs") rather than cash. The RSUs were granted pursuant to the TETRA Technologies, Inc. Second Amended and Restated 2018 Equity Incentive Plan. One hundred percent of the award will vest on March 14, 2026, subject to continued service on the 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.
[F5]There is no remaining unvested portion of this restricted stock unit award.

Documents

1 file