SEC Form 4 · accession 0001561742-15-000006
TETRA TECH INC · TTEK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian N Carter
Officer — SVP and Corporate Controller
Period of report
Nov 20, 2015
Accepted (ET)
Nov 24, 2015 · 7:10 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 STOCKF2 | Nov 20, 2015 | D | 1,333 | $0.00 | D | 8,821 | D | |
| COMMON STOCKF3 | Nov 20, 2015 | A | 2,551 | $0.00 | A | 11,372 | D | |
| COMMON STOCKF4 | Nov 21, 2015 | F | 215 | $27.16 | D | 11,157 | D | |
| COMMON STOCKF5 | Nov 22, 2015 | A | 471 | $0.00 | A | 11,628 | D | |
| COMMON STOCKF6 | Nov 22, 2015 | F | 782 | $27.16 | D | 10,866 | D | |
| COMMON STOCKF7 | Nov 22, 2015 | F | 167 | $27.16 | D | 10,699 | 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)F1 | $27.16 | Nov 20, 2015 | A | 8,615 | A | Nov 20, 2016 | Nov 20, 2025 | COMMON STOCK | 8,615 | 8,615 | D |
Explanation of responses
- F1The option becomes exercisable as to 25% of the shares on each anniversary of the grant date.
- F2In accordance with the Executive Compensation Policy, 1,333 shares of restricted stock granted on 11/16/2012 were canceled on 11/20/2015 when certain performance conditions were not achieved.
- F32,551 restricted stock units (RSUs) were awarded to the reporting person on November 20, 2015. The RSUs become vested as to 25% of the shares on each anniversary of the grant date.
- F4215 of the shares underlying RSUs which vested on 11/21/2015 were withheld to pay the related tax liability.
- F5In accordance with the Executive Compensation Policy, 140% of one restricted stock installment granted on 11/22/2013 became vested on 11/22/2015, and 471 addtional shares were issued to the reporting person.
- F6782 of the shares underlying restricted stock which vested on 11/22/2015 were withheld to pay the related tax liability.
- F7167 of the shares underlying RSUs which vested on 11/22/2015 were withheld to pay the related tax liability.