TETRA Technologies grants RSUs to general counsel
TETRA Technologies reported that Sr.
Rhea-AI Filing Summary
TETRA Technologies reported that Sr. VP and General Counsel Alicia R. Boston Shoemake acquired restricted stock units (RSUs) covering 21,824 units directly and 1,637 units indirectly through her spouse. Each RSU represents one share of common stock, with the grant made at a closing share price of $11.15 on the award date. The RSUs were granted under the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan and vest over time: one-third on February 18, 2027, and one-sixth on each August 25 and February 25 thereafter until fully vested on February 25, 2029, subject to continued service. The company may settle vested RSUs in shares, cash, or a combination at its discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 21,824 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,637 | $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 RSU awards did TETRA Technologies (TTI) report for Alicia R. Boston Shoemake?
How do the TTI RSUs granted to Alicia R. Boston Shoemake vest over time?
What does each TETRA Technologies (TTI) restricted stock unit represent in this Form 4?
Under which equity plan were the TETRA Technologies (TTI) RSUs granted?
Can TETRA Technologies choose to settle Alicia R. Boston Shoemake’s RSUs in cash?
AI-generated analysis. How Rhea-AI works. Not financial advice.