Director John F. Glick receives 17,983 RSUs at TETRA Technologies (TTI)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLICK JOHN F reported acquisition or exercise transactions in this Form 4 filing.
TETRA TECHNOLOGIES INC director John F. Glick received a grant of 17,983 restricted stock units (RSUs). Each RSU represents the contingent right to receive one share of TETRA’s common stock upon vesting. The closing price of the common stock on the grant date was $10.41.
The RSU award was 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 Mr. Glick’s continued service. TETRA may settle the vested RSUs in shares, cash, or a combination of both at its discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GLICK JOHN F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 17,983 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 17,983 shares (Direct, null)
Footnotes (1)
- 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 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
RSUs granted: 17,983 units
Closing stock price on grant date: $10.41
Exercise/Conversion price: $0.00
+2 more
5 metrics
RSUs granted
17,983 units
Restricted stock unit award to director John F. Glick
Closing stock price on grant date
$10.41
Common stock closing price on RSU award date
Exercise/Conversion price
$0.00
RSUs granted at no exercise price as equity compensation
Total RSUs following transaction
17,983 units
Holdings in this RSU award after grant
Vesting schedule
1-year cliff vest
Vests on one-year anniversary of grant date, service-based
Key Terms
Restricted Stock Units, cliff vest, Equity Incentive Plan, settlement date, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents the contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cliff vest financial
"The Award will cliff vest on the one-year anniversary of the Grant Date"
A cliff vest is a schedule for stock options or restricted shares where no ownership rights are earned until a fixed date, after which a set portion becomes fully owned all at once — like a probation period that suddenly unlocks pay. Investors watch cliff vests because they influence when insiders can sell shares, affect staff retention and dilution timing, and help predict short-term changes in a company’s shareholder makeup.
Equity Incentive Plan financial
"granted pursuant to the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
settlement date financial
"Vested shares will be delivered to the reporting person on the settlement date"
The settlement date is the day when a securities trade is finalized: the buyer’s cash is delivered and the seller’s shares or bonds are transferred into the buyer’s account. Think of it like the closing day of a purchase, when ownership and payment officially change hands; until then the trade exists as an agreement but not as completed property transfer. Investors care because payment timing affects cash availability, record of ownership, dividends, and legal rights tied to the asset.
contingent right financial
"represents the contingent right to receive one share of Issuer's common stock"
FAQ
What did TETRA TECHNOLOGIES INC (TTI) disclose in this Form 4 for John F. Glick?
TETRA TECHNOLOGIES INC reported that director John F. Glick received 17,983 restricted stock units. These RSUs were granted as equity compensation and each unit entitles him to one share of common stock upon vesting, subject to the plan’s terms and conditions.
How many restricted stock units did John F. Glick receive from TETRA TECHNOLOGIES (TTI)?
John F. Glick received 17,983 restricted stock units from TETRA TECHNOLOGIES INC. Each unit represents a contingent right to one share of common stock, providing equity-based compensation that aligns the director’s interests with shareholders as the award vests over time.
When do John F. Glick’s RSUs from TETRA TECHNOLOGIES (TTI) vest?
The RSU award to John F. Glick will cliff vest on the one-year anniversary of the grant date. Vesting is conditioned on his continued service with TETRA TECHNOLOGIES INC through that vesting date, according to the company’s Third Amended and Restated 2018 Equity Incentive Plan.
How can TETRA TECHNOLOGIES (TTI) settle John F. Glick’s RSU award?
TETRA TECHNOLOGIES INC may settle John F. Glick’s vested RSUs in shares of common stock, cash, or a combination of shares and cash. The decision is at the issuer’s sole discretion, giving flexibility in how the equity compensation is ultimately delivered upon settlement.
What was TETRA TECHNOLOGIES (TTI) stock price on John F. Glick’s RSU grant date?
On the date of John F. Glick’s RSU grant, the closing price of TETRA TECHNOLOGIES INC common stock was $10.41. This price provides a reference value for the equity award, although the RSUs themselves were granted with a zero exercise or conversion price.
Under which equity plan were John F. Glick’s TTI RSUs granted?
The RSUs granted to John F. Glick were issued under the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan. This plan governs the terms of equity awards, including vesting, settlement methods, and conditions tied to continued service with the company.