Michael Silberman - Jun 1, 2021 Form 4 Insider Report for TRECORA RESOURCES (TREC)

Role: General Counsel and Secretary
Signature: /s/ Michael W. Silberman
Stock symbol: TREC
Transactions as of: Jun 1, 2021
Transactions value $: -$35,526
Form type: 4
Date filed: 6/3/2021, 07:01 PM
Next filing: Feb 15, 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		+12.3K	+612.87%		14.3K	Jun 1, 2021	Direct	F1
transaction	TREC	Common stock	Tax liability	-$35.5K	-4.3K	-30.09%	$8.26	9.99K	Jun 1, 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		-12.3K	-16.31%		63.1K	Jun 1, 2021	Common stock	12.3K		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.