Timothy C. Moeller - 21 Feb 2022 Form 4 Insider Report for TETRA TECHNOLOGIES INC (TTI)

Role: SVP - Supply Chain & Chemicals
Signature: Kimberly M. O'Brien, attorney in fact
Issuer symbol: TTI
Transactions as of: 21 Feb 2022
Transactions value $: $0
Form type: 4
Filing time: 23 Feb 2022, 16:51:53 UTC
Previous filing: 18 Feb 2022
Next filing: 01 Mar 2022
SEC: View on sec.gov

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	TTI	Restricted Stock Units	Award	$0	+103K		$0.00	103K	21 Feb 2022	Common Stock	103K	$0.00	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents the contingent right to receive one share of Issuer's common stock upon vesting of the unit. The closing price of the Issuer's common stock on the date of this RSU award was $2.74.
F2	The RSU was granted pursuant to the TETRA Technologies, Inc. First Amended and Restated 2018 Equity Incentive Plan. One-third of the award will vest on February 21, 2023 and one-sixth at the completion of each six-month period thereafter until fully vested, subject to continued service with the Issuer on each respective vesting date. Vested shares will be delivered to the reporting person on the settlement date unless the Issuer elects to settle the RSUs in cash, or a combination of shares and cash, in the Issuer's sole discretion.

Content

Each restricted stock unit ("RSU") represents the contingent right to receive one share of Issuer's common stock upon vesting of the unit. The closing price of the Issuer's common stock on the date of this RSU award was $2.74.

The RSU was granted pursuant to the TETRA Technologies, Inc. First Amended and Restated 2018 Equity Incentive Plan. One-third of the award will vest on February 21, 2023 and one-sixth at the completion of each six-month period thereafter until fully vested, subject to continued service with the Issuer on each respective vesting date. Vested shares will be delivered to the reporting person on the settlement date unless the Issuer elects to settle the RSUs in cash, or a combination of shares and cash, in the Issuer's sole discretion.