0000831641-17-000095.txt : 20171122 0000831641-17-000095.hdr.sgml : 20171122 20171122162258 ACCESSION NUMBER: 0000831641-17-000095 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171121 FILED AS OF DATE: 20171122 DATE AS OF CHANGE: 20171122 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CHRISTENSEN CRAIG L CENTRAL INDEX KEY: 0001206709 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19655 FILM NUMBER: 171220167 MAIL ADDRESS: STREET 1: 3475 EAST FOOTHILL BOULEVARD CITY: PASADENA STATE: CA ZIP: 91107 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TETRA TECH INC CENTRAL INDEX KEY: 0000831641 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] IRS NUMBER: 954148514 STATE OF INCORPORATION: DE FISCAL YEAR END: 0928 BUSINESS ADDRESS: STREET 1: 3475 EAST FOOTHILL BOULEVARD CITY: PASADENA STATE: CA ZIP: 91107 BUSINESS PHONE: 6263514664 MAIL ADDRESS: STREET 1: 3475 EAST FOOTHILL BOULEVARD CITY: PASADENA STATE: CA ZIP: 91107 4 1 wf-form4_151138576464162.xml FORM 4 X0306 4 2017-11-21 0 0000831641 TETRA TECH INC TTEK 0001206709 CHRISTENSEN CRAIG L 3475 EAST FOOTHILL BOULEVARD PASADENA, CA 91107 0 1 0 0 SVP, CIO COMMON STOCK 2017-11-21 4 A 0 5298 0 A 36503 D COMMON STOCK 2017-11-21 4 A 0 5006 0 A 41509 D COMMON STOCK 2017-11-21 4 F 0 3873 50 D 37636 D COMMON STOCK 2017-11-21 4 F 0 249 50 D 37387 D Each performance share unit ("PSU") represents the right to receive one share of Common Stock. The PSUs awarded cliff-vest after a 3-year performance period. The Performance Period was the Company's fiscal years 2015, 2016 and 2017. The number of PSUs earned by the Awardee was determined at the end of the Performance Period by measuring earnings per share ("EPS") growth, which was 35% year-over-year growth. Therefore, 200% of the 2,649 PSUs awarded on November 21, 2014 were earned and vested on November 21, 2017. Each performance share unit ("PSU") represents the right to receive one share of Common Stock. The PSUs awarded cliff-vest after a 3-year performance period. The Performance Period was the Company's fiscal years 2015, 2016 and 2017. The number of PSUs earned by the Awardee for the Performance Period was determined at the end of the Performance Period by measuring relative total shareholder return ("TSR"), with equal weight given to the selected industry peer group and to the S&P 1000. The TSR peer group performance percentile was 89%, and the TSR S&P 1000 performance percentile was 82%. Straight line interpolation determined the vesting credit percentage. Therefore, 189% of the 2,649 PSUs awarded on November 21, 2014 were earned and vested on November 21, 2017. 3,873 of the shares underlying PSUs which vested on 11/21/2017 were withheld to pay the related tax liability. 249 of the shares underlying restricted stock which vested on 11/21/2017 were withheld to pay the related tax liability. Janis B. Salin for Craig L. Christensen 2017-11-22