SEC Form 4 · accession 0001562180-18-003760
TETRA TECHNOLOGIES INC · TTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James H Funke
Officer — VP
Period of report
Aug 21, 2018
Accepted (ET)
Aug 23, 2018 · 4:14 pm EDT
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 Stock | Aug 21, 2018 | M | 35,000 | $3.78 | A | 88,592 | D | |
| Common StockF1 | Aug 21, 2018 | S | 35,000 | $5.0131 | D | 53,592 | D | |
| Common StockF2 | holding | — | — | — | 14,036 | I | by 401(k) Plan | |
| Common StockF3 | holding | — | — | — | 47,161 | I | By Funke Family Living Trust |
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)F4 | $3.78 | Aug 21, 2018 | M | 35,000 | D | — | Feb 12, 2019 | Common Stock | 35,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.98 to $5.041 inclusive. The reporting person undertakes to provide to TETRA Technologies, Inc., any security holder of TETRA Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2Rounded. Reflects shares held for the Reporting Person's account by the Trustee of TETRA Technologies, Inc. 401(k) Retirement Plan as of June 30, 2018.
- F3These shares are held in a trust for the benefit of the reporting person and the reporting person's spouse and children. The reporting person and his spouse are co-trustees of the trust..
- F4Vests 11,666 share(s) on 12-Feb-2010, 972 share(s) on 12-Mar-2010, 973 share(s) on 12-Apr-2010, 972 share(s) on 12-May-2010, 972 share(s) on 12-Jun-2010, 972 share(s) on 12-Jul-2010, 973 share(s) on 12-Aug-2010, 972 share(s) on 12-Sep-2010, 972 share(s) on 12-Oct-2010, 972 share(s) on 12-Nov-2010, 972 share(s) on 12-Dec-2010, 973 share(s) on 12-Jan-2011, 972 share(s) on 12-Feb-2011, 972 share(s) on 12-Mar-2011, 972 share(s) on 12-Apr-2011, 973 share(s) on 12-May-2011, 972 share(s) on 12-Jun-2011, 972 share(s) on 12-Jul-2011, 972 share(s) on 12-Aug-2011, 973 share(s) on 12-Sep-2011, 972 share(s) on 12-Oct-2011, 972 share(s) on 12-Nov-2011, 972 share(s) on 12-Dec-2011, 972 share(s) on 12-Jan-2012, 973 share(s) on 12-Feb-2012