Patrick D. Quarles - Feb 25, 2022 Form 4 Insider Report for TRECORA RESOURCES (TREC)

Role
President and CEO, Director
Signature
/s/ Christopher Groves as attorney in fact for Patrick D. Quarles
Stock symbol
TREC
Transactions as of
Feb 25, 2022
Transactions value $
-$66,795
Form type
4
Date filed
3/1/2022, 03:44 PM
Previous filing
Feb 18, 2022
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREC Common stock Options Exercise $0 +21.4K +7.31% $0.00 315K Feb 25, 2022 Direct F1
transaction TREC Common stock Tax liability -$66.8K -7.51K -2.38% $8.90 307K Feb 25, 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 Stock Units Options Exercise $0 -21.4K -5.9% $0.00 342K Feb 25, 2022 Common stock 21.4K 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 Vesting of 1/3 of restricted stock which was granted on 02/25/21 and vests in three equal installments beginning on the first anniversary of the grant date.