SEC Form 4 · accession 0001562180-17-000916
TETRA TECHNOLOGIES INC · TTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elijio V Serrano
Officer — Sr. Vice President & CFO
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 6:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000844965
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 22, 2017 | A | 63,193 | $0.00 | A | 320,263 | 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)F2 | $4.51 | Feb 22, 2017 | A | 139,706 | A | — | Feb 22, 2027 | Common Stock | 139,706 | 139,706 | D |
Explanation of responses
- F1This restricted stock award was granted pursuant to the TETRA Technologies, Inc. Third Amended and Restated 2011 Long Term Incentive Compensation Plan. One-third of the award will vest on February 22, 2018, and one-sixth at the completion of each six-month period thereafter until February 22, 2020.
- F2This stock option award was granted pursuant to the TETRA Technologies, Inc. Third Amended and Restated 2011 Long Term Incentive Compensation Plan. One-third of the award will vest on February 22, 2018, and the remaining stock options will vest in monthly installments thereafter until February 22, 2020.