Michael Silberman - 25 Feb 2022 Form 4 Insider Report for TRECORA RESOURCES (TREC)

Role: General Counsel and Secretary
Signature: /s/ Michael W. Silberman
Issuer symbol: TREC
Transactions as of: 25 Feb 2022
Transactions value $: -$10,431
Form type: 4
Filing time: 01 Mar 2022, 15:46:24 UTC
Previous filing: 18 Feb 2022
Next filing: 02 Jun 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	+4,184	+35%	$0	16,101	25 Feb 2022	Direct	F1
transaction	TREC	Common stock	Tax liability	-$10,430	-1,172	-7.3%	$8.9	14,929	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	-4,184	-5.1%	$0	77,571	25 Feb 2022	Common stock	4,184		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.