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

Signature
/s/ Christopher Groves as attorney in fact for Peter M. Loggenberg
Issuer symbol
TREC
Transactions as of
12 Feb 2022
Net transactions value
-$26,939
Form type
4
Filing time
15 Feb 2022, 15:42:26 UTC
Next filing
18 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREC Common stock Options Exercise $0 +1,467 +2.7% $0.000000 56,239 12 Feb 2022 Direct F1, F2
transaction TREC Common stock Tax liability $4,254 -484 -0.86% $8.79 55,755 12 Feb 2022 Direct
transaction TREC Common stock Options Exercise $0 +4,630 +8.3% $0.000000 60,385 13 Feb 2022 Direct F2, F3
transaction TREC Common stock Tax liability $13,431 -1,528 -2.5% $8.79 58,857 13 Feb 2022 Direct
transaction TREC Common stock Options Exercise $0 +3,212 +5.5% $0.000000 62,069 15 Feb 2022 Direct F2, F4
transaction TREC Common stock Tax liability $9,254 -1,060 -1.7% $8.73 61,009 15 Feb 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 -1,467 -2.1% $0.000000 69,141 12 Feb 2022 Common stock 1,467 Direct F1, F2
transaction TREC Restricted Common Stock Options Exercise $0 -4,630 -6.7% $0.000000 64,511 13 Feb 2022 Common stock 4,630 Direct F2, F3
transaction TREC Restricted Common Stock Options Exercise $0 -3,212 -5% $0.000000 61,299 15 Feb 2022 Common stock 3,212 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.