SEC Form 4 · accession 0001140361-18-024194
TRECORA RESOURCES · TREC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Richard Townsend
Director
Period of report
May 16, 2018
Accepted (ET)
May 16, 2018 · 4:09 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,F3 | May 16, 2018 | M | 7,022 | — | A | 7,022 | D | |
| common stockF2 | May 16, 2018 | F | 2,247 | $10.68 | D | 4,775 | 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 stockF3,F1 | — | May 16, 2018 | M | 7,022 | D | — | — | common stock | 7,022 | 34,046 | D |
Explanation of responses
- F1Vesting of restricted stock which was granted on 05/17/16 and vests in equal installments over 4 years
- F2Withheld for tax liability
- F3Granted as director compensation. Restricted stock converts into common stock on a one-for-one basis.