SAMI AHMAD - 25 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
25 Feb 2022
Transactions value $
-$11,668
Form type
4
Filing time
01 Mar 2022, 15:45:07 UTC
Previous filing
18 Feb 2022
Next filing
22 Mar 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 +4,371 +18% $0 28,926 25 Feb 2022 Direct F1
transaction TREC Common stock Tax liability -$11,667 -1,311 -4.5% $8.9 27,615 25 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 -4,371 -5.2% $0 80,404 25 Feb 2022 Common stock 4,371 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 Vesting of 1/3 of restricted stock which was granted on 02/25/21 and vests in three equal installments beginning on the first anniversary of the grant date.