Patrick D. Quarles - 13 Feb 2022 Form 4 Insider Report for TRECORA RESOURCES (TREC)

Role
President and CEO, Director
Signature
/s/ Christopher Groves as attorney in fact for Patrick D. Quarles
Issuer symbol
TREC
Transactions as of
13 Feb 2022
Transactions value $
-$106,933
Form type
4
Filing time
15 Feb 2022, 15:43:03 UTC
Previous filing
06 Dec 2021
Next filing
18 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 $0 +20,769 +7.67% $0 291,583 13 Feb 2022 Direct F1, F2
transaction TREC Common stock Tax liability -$63,894 -7,269 -2.49% $8.79 284,314 13 Feb 2022 Direct
transaction TREC Common stock Options Exercise $0 +14,085 +4.95% $0 298,399 15 Feb 2022 Direct F2, F3
transaction TREC Common stock Tax liability -$43,038 -4,930 -1.65% $8.73 293,469 15 Feb 2022 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 $0 -20,769 -7.19% $0 268,071 13 Feb 2022 Common stock 20,769 Direct F1, F2
transaction TREC Restricted Stock Units Options Exercise $0 -14,085 -5.25% $0 253,986 15 Feb 2022 Common stock 14,085 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of 1/3 of restricted stock which was granted on 02/13/20 and vests in three equal installments beginning on the first anniversary of the grant date.
F2 Granted as officer compensation. Converts into common stock on a one-for-one basis.
F3 Vesting of 1/3 of restricted stock which was granted on 02/15/19 and vests in three equal installments beginning on the first anniversary of the grant date.