DAN L. BATRACK - 21 Nov 2023 Form 4 Insider Report for TETRA TECH INC (TTEK)

Role
CHAIRMAN AND CEO, Director
Signature
/s/ Preston Hopson, Attorney-in-fact for Dan L. Batrack
Issuer symbol
TTEK
Transactions as of
21 Nov 2023
Transactions value $
-$2,992,596
Form type
4
Filing time
22 Nov 2023, 19:53:37 UTC
Previous filing
21 Nov 2023
Next filing
29 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTEK COMMON STOCK Award $0 +33.7K +61.29% $0.00 88.8K 21 Nov 2023 Direct F1
transaction TTEK COMMON STOCK Tax liability -$2.99M -18.2K -20.51% $164.32 70.6K 21 Nov 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TTEK RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) Award $0 +17K $0.00 17K 21 Nov 2023 COMMON STOCK 17K $0.00 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired pursuant to vesting of performance stock units (PSUs) earned under 2018 Equity Incentive Plan.
F2 Represents the combined number of shares withheld to pay the related tax liability of the performance stock units that vested on November 21, 2023.
F3 Represents an award of restricted stock units (RSUs), each unit of which represents a contingent right to receive one share of Tetra Tech common stock.
F4 The RSUs become vested as to 25% of the shares on November 30, 2024, and 25% of the shares on each anniversary date thereafter until fully vested.
F5 The RSUs are exercisable at the time of vesting and do not have a set expiration date.