SEC Form 4 · accession 0001140361-17-025592
TRECORA RESOURCES · TREC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Simon H Upfill-Brown
Officer — President/CEO · Director
Period of report
Jun 16, 2017
Accepted (ET)
Jun 20, 2017 · 4:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000007039
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| restricted stock unitsF1,F2 | — | Jun 16, 2017 | A | 53,684 | A | — | — | common stock | 53,684 | 326,671 | D |
Explanation of responses
- F1Granted as officer compensation. Converts into common stock on a one-for-one basis.
- F2One-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.