SEC Form 4 · accession 0000831641-18-000103
TETRA TECH INC · TTEK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dan L Batrack
Officer — CHAIRMAN, CEO & PRESIDENT · Director
Period of report
Nov 14, 2018
Accepted (ET)
Nov 16, 2018 · 5:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000831641
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Nov 14, 2018 | M | 30,000 | $28.58 | A | 305,800 | D | |
| COMMON STOCKF1 | Nov 14, 2018 | S | 30,000 | $65.3842 | D | 275,800 | D | |
| COMMON STOCK | Nov 15, 2018 | M | 14,869 | $28.58 | A | 290,669 | D | |
| COMMON STOCKF2 | Nov 15, 2018 | S | 14,869 | $64.5546 | D | 275,800 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTION (RIGHT TO BUY)F3 | $28.58 | Nov 14, 2018 | M | 30,000 | D | Nov 22, 2017 | Nov 22, 2021 | COMMON STOCK | 30,000 | 14,869 | D |
| STOCK OPTION (RIGHT TO BUY)F3 | $28.58 | Nov 15, 2018 | M | 14,869 | D | Nov 22, 2017 | Nov 22, 2021 | COMMON STOCK | 14,869 | 0 | D |
| RESTRICTED STOCK UNITS (RIGHT TO RECEIVE)F4,F5 | $0.00 | Nov 15, 2018 | A | 21,232 | A | Nov 18, 2019 | Nov 18, 2022 | COMMON STOCK | 21,232 | 21,232 | D |
Explanation of responses
- F1$65.3842 is an average price. Shares were sold at prices ranging from $65.000 to $65.785 per share.
- F2$64.5546 is an average price. Shares were sold at prices ranging from $64.01 to $65.16 per share.
- F3The option was fully exercisable on November 22, 2017.
- F4Represents an award of restricted stock units (RSUs), each unit of which represents a contingent right to receive one share of Tetra Tech common stock.
- F5The restricted stock units (RSUs) become vested as to 25% of the shares underlying the RSUs on November 18, 2019, and on each anniversary of that date until the RSUs are fully vested.