SEC Form 4 · accession 0001140361-17-043152
TRECORA RESOURCES · TREC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pamela R Butcher
Director
Period of report
Nov 16, 2017
Accepted (ET)
Nov 17, 2017 · 8:21 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,F2 | Nov 16, 2017 | M | 6,276 | — | A | 9,026 | D | |
| common stockF3 | Nov 16, 2017 | F | 1,569 | $12.20 | D | 7,457 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| restricted stock unitsF2,F1 | — | Nov 16, 2017 | M | 6,276 | D | — | — | common stock | 6,276 | 15,691 | D |
Explanation of responses
- F1Partial vesting of time vested restricted stock units which were granted on 11/17/16. 6,276 shares each vest on 11/16/17, 11/16/18, and 11/16/19 and 3,139 shares vest on 05/16/20.
- F2Granted as director compensation. Converts into common stock on a one-for-one basis.
- F3Withheld for tax liability