SEC Form 4 · accession 0000842295-16-000016
TOR MINERALS INTERNATIONAL INC · TORM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernard A Paulson
Director · 10% Owner
Period of report
Apr 29, 2016
Accepted (ET)
May 2, 2016 · 2:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000842295
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | Apr 29, 2016 | A | 188,680 | $2.65 | A | 800,841 | I | By Paulson Ranch Ltd |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant Right to BuyF2,F1,F3 | $2.65 | Apr 29, 2016 | X | 188,680 | D | Aug 1, 2009 | May 4, 2016 | Common Stock | 188,680 | 6,300 | I |
Explanation of responses
- F1Exercise (purchase) of 188,680 warrants at $2.65/each issued in August 2009
- F2Non-Qualifying Stock Options granted Annually to Directors
- F3Mr. Paulson has sole voting power for shares held by Paulson Ranch, Ltd.