TETRA VP granted 9,821 restricted stock units
Kokenes Kathrine reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Kokenes Kathrine reported acquisition or exercise transactions in this Form 4 filing.
TETRA Technologies granted VP and Chief Accounting Officer Kathrine Kokenes 9,821 restricted stock units (RSUs) at no purchase price. Each RSU represents one share of common stock. One-third of the award vests on February 18, 2027, with the remainder vesting in semiannual installments until February 25, 2029, subject to continued service. The company may settle vested RSUs in shares, cash, or a combination.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,821 | $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 $11.15.
- F2. The RSU was granted pursuant to the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan. One-third of the award will vest on February 18, 2027 and one-sixth of the award will vest on each August 25th and February 25th thereafter until fully vested on February 25, 2029, 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did TETRA Technologies (TTI) grant to Kathrine Kokenes?
What is the vesting schedule for Kathrine Kokenes’ 9,821 TTI RSUs?
How will the RSUs granted to TTI executive Kathrine Kokenes be settled?
Under which plan were the RSUs for TETRA Technologies (TTI) executive granted?
Does the TTI RSU grant to Kathrine Kokenes require continued service?
AI-generated analysis. How Rhea-AI works. Not financial advice.