Michael Silberman - 13 Feb 2022 Form 4 Insider Report for TRECORA RESOURCES (TREC)

Signature
/s/ Michael W. Silberman
Issuer symbol
TREC
Transactions as of
13 Feb 2022
Transactions value $
-$6,584
Form type
4
Filing time
15 Feb 2022, 15:44:15 UTC
Previous filing
03 Jun 2021
Next filing
18 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREC Common stock Options Exercise $0 +2,674 +27% $0 12,666 13 Feb 2022 Direct F1, F2
transaction TREC Common stock Tax liability -$6,583 -749 -5.9% $8.79 11,917 13 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 -2,674 -4.2% $0 60,378 13 Feb 2022 Common stock 2,674 Direct F1, F2
* 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.