SEC Form 4 · accession 0000007039-18-000085
TRECORA RESOURCES · TREC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas Carter
Officer — Executive Chairman · Director
Period of report
Dec 13, 2018
Accepted (ET)
Dec 17, 2018 · 8:50 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000007039
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Dec 13, 2018 | M | 87,878 | — | A | 558,487 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 01/11/11 stock optionsF1,F2 | $4.86 | Dec 13, 2018 | M | 87,878 | D | Jan 11, 2013 | Jan 11, 2021 | 01/11/11 stock options | 87,878 | 0 | D |
Explanation of responses
- F1Exercise of stock options granted as officer compensation.
- F2Transaction constitutes the exercise of Mr. Carter's right to purchase the remaining 87,878 shares of common stock pursuant to the 01/11/2011 stock options, which gave Mr. Carter the right to purchase a total of 129,030 shares of common stock of Trecora Resources. Mr. Carter previously exercised options to purchase 41,152 shares of common stock pursuant to the 01/11/11 stock options, which transaction was reported on a Form 4 July 9, 2018.