SEC Form 4 · accession 0001140361-17-025492
TRECORA RESOURCES · TREC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald R. Franklin
Officer — VP of Manufacturing
Period of report
Jun 16, 2017
Accepted (ET)
Jun 19, 2017 · 4:52 pm EDT
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,F2 | Jun 16, 2017 | M | 2,831 | — | A | 31,392 | D | |
| common stockF3 | Jun 16, 2017 | F | 950 | $11.40 | D | 30,442 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| restricted common stockF2,F1 | — | Jun 16, 2017 | M | 2,831 | D | — | — | common stock | 2,831 | 135,649 | D |
Explanation of responses
- F1Vesting of 1/3 of time vested restricted stock which was granted on 03/01/16 and vests in 3 equal annual installments beginning on the first anniversary of the grant date.
- F2Granted as officer compensation. Converts into common stock on a one-for-one basis.
- F3Withheld for tax liability