TETRA Technologies director granted 17,983 RSUs
GLICK JOHN F reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 17,983 | $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
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did TETRA TECHNOLOGIES INC (TTI) disclose in this Form 4 for John F. Glick?
How many restricted stock units did John F. Glick receive from TETRA TECHNOLOGIES (TTI)?
When do John F. Glick’s RSUs from TETRA TECHNOLOGIES (TTI) vest?
How can TETRA TECHNOLOGIES (TTI) settle John F. Glick’s RSU award?
What was TETRA TECHNOLOGIES (TTI) stock price on John F. Glick’s RSU grant date?
Under which equity plan were John F. Glick’s TTI RSUs granted?
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