Michael Silberman - Jun 1, 2021 Form 4 Insider Report for TRECORA RESOURCES (TREC)

Role
General Counsel and Secretary
Signature
/s/ Michael W. Silberman
Stock symbol
TREC
Transactions as of
Jun 1, 2021
Transactions value $
-$35,526
Form type
4
Date filed
6/3/2021, 07:01 PM
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREC Common stock Options Exercise +12.3K +612.87% 14.3K Jun 1, 2021 Direct F1
transaction TREC Common stock Tax liability -$35.5K -4.3K -30.09% $8.26 9.99K Jun 1, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TREC Restricted Stock Units Options Exercise -12.3K -16.31% 63.1K Jun 1, 2021 Common stock 12.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted as officer compensation. Converts into common stock on a one-for-one basis.
F2 Vests in three (3) equal installments beginning on the first anniversary of the grant date.