SEC Form 4 · accession 0001140361-18-011090
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
Feb 28, 2018
Accepted (ET)
Mar 1, 2018 · 11:44 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 | Feb 28, 2018 | M | 2,831 | — | A | 38,630 | D | |
| common stockF3 | Feb 28, 2018 | F | 689 | $11.10 | D | 37,941 | 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 | — | Feb 28, 2018 | M | 2,831 | D | — | — | common stock | 2,831 | 158,459 | D |
Explanation of responses
- F1Vesting of 1/3 of time vested restricted stock units which were granted on 03/01/16 and vest in 3 equal annual installments on February 28th of each year
- F2Granted as officer compensation. Converts into common stock on a one-for-one basis.
- F3Withheld for tax liability