Michael Silberman - 01 Jun 2021 Form 4 Insider Report for TRECORA RESOURCES (TREC)

Role
General Counsel and Secretary
Signature
/s/ Michael W. Silberman
Issuer symbol
TREC
Transactions as of
01 Jun 2021
Transactions value $
-$35,526
Form type
4
Filing time
03 Jun 2021, 19:01:45 UTC
Next filing
15 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREC Common stock Options Exercise +12,288 +613% 14,293 01 Jun 2021 Direct F1
transaction TREC Common stock Tax liability -$35,526 -4,301 -30% $8.26 9,992 01 Jun 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TREC Restricted Stock Units Options Exercise -12,288 -16% 63,052 01 Jun 2021 Common stock 12,288 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted as officer compensation. Converts into common stock on a one-for-one basis.
F2 Vests in three (3) equal installments beginning on the first anniversary of the grant date.