TETRA Technologies, Inc. (NASDAQ:TTTNW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

TETRA Technologies, Inc. (NASDAQ:TTTNW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

As previously disclosed in the Current Report on Form 8-K filed
with the U.S. Securities and Exchange Commission (SEC) on February
26, 2016, as part of the Companys general salary and wage
reductions, the Compensation Committee (the Compensation Committee)
of the Board of Directors of TETRA Technologies, Inc. (the
Company), at the request of Company management, implemented certain
wage and salary reductions for the officers of the Company who were
identified as named executive officers in the Companys 2015 proxy
statement. Such reductions were effective for the six-month period
from February 6, 2016 through August 5, 2016.Subsequently, these
reductions were extended from October 1, 2016 to January 6, 2017.

In addition, as previously disclosed in the Current Report on Form
8-K filed with the SEC on May 6, 2016, the Compensation Committee
of the Board of Directors of the Company, at the request of Company
management, approved additional reductions in the base annual
salaries of the officers of the Company who were identified as
named executive officers in the Company’s 2016 proxy statement.
Such additional reductions commenced on May 14, 2016 and continued
through September 30, 2016.Subsequently, the additional reductions
were extended from October 1, 2017 to January 6, 2017.

On December 28, 2016, as part of the Companys general salary and
wage increase, the Compensation Committee, at the request of
Company management, approved increases in the base annual salaries
of the officers of the Company who were identified as named
executive officers in the Company’s 2016 proxy statement, such
that their respective base annual salaries are equal to ninety
percent (90%) of their original unreduced base annual salaries.Such
increased salaries will be effective January 7, 2017 through the
pay period ending March 31, 2017.The following table sets forth the
increased annual base salaries for such period.

Named Executive Officer

Title

Annual Base Salary prior to February 2016 Salary Reductions

Current Reduced

Base Salary

Increased Annual Base SalaryApplicable to January 7, 2017
March 31, 2017 Pay Periods

Stuart M. Brightman

President and Chief Executive Officer

$624,998

$506,249

$562,499

Elijio V. Serrano

Sr. Vice President and Chief Financial Officer

$411,590

$333,388

$370,431

Joseph Elkhoury

Sr. Vice President and Chief Operating Officer

$450,000

$364,500

$405,000

Peter J. Pintar

Sr. Vice President

$370,240

$299,894

$333,216

Bass C. Wallace, Jr.

Sr. Vice President General Counsel

$324,480

$262,829

$292,032

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