SEC Form 4 · accession 0000831641-18-000108
TETRA TECH INC · TTEK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig L Christensen
Officer — SVP, CIO
Period of report
Nov 14, 2018
Accepted (ET)
Nov 16, 2018 · 5:11 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 STOCKF1,F2 | Nov 14, 2018 | G | 1,500 | $64.95 | D | 34,400 | D | |
| COMMON STOCK | Nov 14, 2018 | M | 6,750 | $22.53 | A | 41,150 | D | |
| COMMON STOCKF3 | Nov 14, 2018 | S | 4,371 | $66.314 | D | 36,779 | D | |
| COMMON STOCKF4 | Nov 14, 2018 | S | 2,379 | $65.3567 | D | 34,400 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EMPLOYEE STOCK OPTION (RIGHT TO BUY)F5 | $22.53 | Nov 14, 2018 | M | 6,750 | D | Nov 11, 2012 | Nov 11, 2019 | COMMON STOCK | 6,750 | 10,000 | D |
| RESTRICTED STOCK UNITS (RIGHT TO RECEIVE)F6,F7 | $0.00 | Nov 15, 2018 | A | 2,156 | A | Nov 18, 2019 | Nov 18, 2022 | COMMON STOCK | 2,156 | 2,156 | D |
Explanation of responses
- F1Bona fide gift. No compensation was given to the donor for the gifting of shares.
- F2The closing trading price of the common stock on the date of the gift was $64.95 per share.
- F3$66.314 is an average price. Shares were sold at prices ranging from $66.20 to $66.585 per share.
- F4$65.3567 is an average price. Shares were sold at prices ranging from $65.30 to $65.40 per share.
- F5The option was granted on November 11, 2011 and became exercisable as to 25% of the underlying shares on each anniversary date of the grant.
- F6Represents an award of restricted stock units (RSUs), each unit of which represents a contingent right to receive one share of Tetra Tech common stock.
- F7The 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.