Nicholas Carter - 15 Jan 2020 Form 4 Insider Report for TRECORA RESOURCES

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 15 Jan 2020
Net transaction value: -$3,900,071
SEC form: 4
Accepted by SEC: 28 Jun 2022, 16:22:03 UTC
Next SEC filing: 14 May 2021
Source filing: View source filing
Reporting owner signature: /s/ Michael W. Silberman, Attorney-in-Fact

Key filing fact

Nicholas Carter filed Form 4 for TRECORA RESOURCES on 28 Jun 2022.

Key facts

This page summarizes Nicholas Carter's Form 4 filing for TRECORA RESOURCES.
5 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 28 Jun 2022, 16:22.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$3,900,071.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TREC transaction

Common stock

Sale

Transaction value: $35,500
Shares: -5,000
Change %: -1.2%
Price: $7.10
Shares after: 408,892
Date: 15 Jan 2020
Ownership: Direct
Footnotes: F1, F2

TREC transaction

Common stock

Gift

Transaction value: $0
Shares: -1,925
Change %: -0.47%
Price: $0.000000
Shares after: 406,967
Date: 19 Mar 2021
Ownership: Direct

TREC transaction

Common stock

Gift

Transaction value: $0
Shares: -13,025
Change %: -3.2%
Price: $0.000000
Shares after: 393,942
Date: 23 Mar 2021
Ownership: Direct

TREC transaction

Common stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value: $3,864,571
Shares: -393,942
Change %: -100%
Price: $9.81
Shares after: 0
Date: 24 Jun 2022
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TREC transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -150,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 Jun 2022
Ownership: Direct
Underlying class: Common stock
Underlying amount: 150,000
Exercise price: $12.26
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Nicholas Carter is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

The sale of these 5,000 shares of common stock was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on December 17, 2019.

Footnote F2

Reflects an increase of 2,548 shares of common stock reported to be owned by Reporting Person due to a clerical error on a previous Form 4.

Footnote F3

Pursuant to the Merger Agreement, this option (which was full vested) was cancelled immediately prior to the Effective Time without any consideration payable therefor.

Footnote F4

On May 11, 2022, Trecora Resources (the "Issuer") entered into an Agreement and Plan of Merger with the Balmoral Swan Parent, Inc., a Delaware corporation (the "Parent"), and Balmoral Swan MergerSub, Inc., a Delaware corporation (the "Purchaser") and a wholly owned subsidiary of Parent (the "Merger Agreement"). On June 27, 2022, the Purchaser merged with and into the Issuer pursuant to Section 251(h) of the General Corporation Law of the State of Delaware, with the Issuer being the surviving corporation and becoming a wholly-owned subsidiary of the Parent. All terms capitalized but not defined shall have the meaning given to them in the Merger Agreement.