SAMI AHMAD - 16 Feb 2022 Form 4 Insider Report for TRECORA RESOURCES (TREC)

Role
CFO
Signature
/s/ Christopher Groves as attorney in fact for Sami Ahmad
Issuer symbol
TREC
Transactions as of
16 Feb 2022
Transactions value $
$0
Form type
4
Filing time
18 Feb 2022, 15:21:52 UTC
Previous filing
15 Feb 2022
Next filing
01 Mar 2022
SEC
View on sec.gov

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 Award $0 +22,334 +35.77% $0 84,775 16 Feb 2022 Common stock 22,334 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 One-half of award vests ratably over 3 years beginning with the first anniversary of the grant date. The remaining 50% vests at the end of three years subject to performance criteria.