TETRA Technologies director granted 13,987 RSUs
Garcia Christian A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Garcia Christian A reported acquisition or exercise transactions in this Form 4 filing.
TETRA Technologies director Christian A. Garcia received a grant of 13,987 restricted stock units (RSUs). Each RSU represents the right to receive one share of common stock upon vesting. The award was made at a reference closing share price of $10.41 on the grant date.
The RSUs were granted under the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan. The award will cliff vest on the one-year anniversary of the grant date, subject to continued service, and may be settled in shares, cash, or a combination at the company’s discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 13,987 | $0.00 | $0.00 |
Footnotes (2)
- 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 $10.41
- F2. This restricted stock unit award was granted pursuant to the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan. The Award will cliff vest on the one-year anniversary of the Grant Date, subject to continued service with the Issuer at vest 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.
Key Figures
Key Terms
Restricted Stock Units financial
cliff vest financial
Equity Incentive Plan financial
settlement date financial
FAQ
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What did TETRA Technologies (TTI) report in this Form 4 filing?
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Under which plan were the RSUs to Christian A. Garcia granted at TETRA Technologies (TTI)?
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