Peter Matthews Loggenberg - Feb 12, 2022 Form 4 Insider Report for TRECORA RESOURCES (TREC)

Role
Chief Sustainability Officer
Signature
/s/ Christopher Groves as attorney in fact for Peter M. Loggenberg
Stock symbol
TREC
Transactions as of
Feb 12, 2022
Transactions value $
-$26,939
Form type
4
Date filed
2/15/2022, 03:42 PM
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREC Common stock Options Exercise $0 +1.47K +2.68% $0.00 56.2K Feb 12, 2022 Direct F1, F2
transaction TREC Common stock Tax liability -$4.25K -484 -0.86% $8.79 55.8K Feb 12, 2022 Direct
transaction TREC Common stock Options Exercise $0 +4.63K +8.3% $0.00 60.4K Feb 13, 2022 Direct F2, F3
transaction TREC Common stock Tax liability -$13.4K -1.53K -2.53% $8.79 58.9K Feb 13, 2022 Direct
transaction TREC Common stock Options Exercise $0 +3.21K +5.46% $0.00 62.1K Feb 15, 2022 Direct F2, F4
transaction TREC Common stock Tax liability -$9.25K -1.06K -1.71% $8.73 61K Feb 15, 2022 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 Common Stock Options Exercise $0 -1.47K -2.08% $0.00 69.1K Feb 12, 2022 Common stock 1.47K Direct F1, F2
transaction TREC Restricted Common Stock Options Exercise $0 -4.63K -6.7% $0.00 64.5K Feb 13, 2022 Common stock 4.63K Direct F2, F3
transaction TREC Restricted Common Stock Options Exercise $0 -3.21K -4.98% $0.00 61.3K Feb 15, 2022 Common stock 3.21K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of 1/3 of restricted stock which was granted on 02/12/19 and vests in three equal installments beginning on the first anniversary of the grant date.
F2 Granted as officer compensation. Converts into common stock on a one-for-one basis.
F3 Vesting of 1/3 of restricted stock which was granted on 02/13/20 and vests in three equal installments beginning on the first anniversary of the grant date.
F4 Vesting of 1/3 of restricted stock which was granted on 02/15/19 and vests in three equal installments beginning on the first anniversary of the grant date.