DAN L. BATRACK - 18 Nov 2024 Form 4 Insider Report for TETRA TECH INC (TTEK)

Role
Chairman, CEO and President, Director
Signature
/s/ Preston Hopson, Attorney-in-fact for Dan L. Batrack
Issuer symbol
TTEK
Transactions as of
18 Nov 2024
Transactions value $
-$1,119,698
Form type
4
Filing time
20 Nov 2024, 17:28:48 UTC
Previous filing
08 Aug 2024
Next filing
22 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTEK COMMON STOCK Options Exercise $0 +16,390 +13.18% $0 140,775 18 Nov 2024 Direct F1
transaction TTEK COMMON STOCK Options Exercise $0 +14,030 +9.97% $0 154,805 18 Nov 2024 Direct
transaction TTEK COMMON STOCK Options Exercise $0 +19,015 +12.28% $0 173,820 18 Nov 2024 Direct
transaction TTEK COMMON STOCK Tax liability -$1,119,697 -27,230 -15.67% $41.12 146,590 18 Nov 2024 Direct F1, 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) Options Exercise $0 -16,390 -100% $0 0 18 Nov 2024 COMMON STOCK 16,390 $0 Direct F3, F4, F5, F6
transaction TTEK RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) Options Exercise $0 -14,030 -50% $0 14,030 18 Nov 2024 COMMON STOCK 14,030 $0 Direct F3, F4, F5, F7
transaction TTEK RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) Options Exercise $0 -19,015 -33.34% $0 38,025 18 Nov 2024 COMMON STOCK 19,015 $0 Direct F3, F4, F5, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 6, 2024, the balance of 24,877 shares of common stock was updated pursuant to a 5 to 1 forward stock split, resulting in an additional 99,508 shares of common stock.
F2 Represents the shares underlying restricted stock units (RSUs) withheld to pay the related tax liability.
F3 Represents an award of 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 the first anniversary date, 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.
F6 On September 6, 2024, the balance of 3,278 shares was updated pursuant to a 5 to 1 forward stock split, resulting in an additional 13,112 shares of common stock.
F7 On September 6, 2024, the balance of 5,612 shares was updated pursuant to a 5 to 1 forward stock split, resulting in an additional 22,448 shares of common stock.
F8 On September 6, 2024, the balance of 11,408 shares was updated pursuant to a 5 to 1 forward stock split, resulting in an additional 45,632 shares of common stock.