0000007039-22-000077.txt : 20220628
0000007039-22-000077.hdr.sgml : 20220628
20220628161854
ACCESSION NUMBER: 0000007039-22-000077
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220624
FILED AS OF DATE: 20220628
DATE AS OF CHANGE: 20220628
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Adams Gary Kramer
CENTRAL INDEX KEY: 0001561818
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33926
FILM NUMBER: 221050362
MAIL ADDRESS:
STREET 1: 15624 BUMBLE BEE LANE
CITY: ROGERS
STATE: AR
ZIP: 72758
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TRECORA RESOURCES
CENTRAL INDEX KEY: 0000007039
STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911]
IRS NUMBER: 751256622
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1650 HWY 6 SOUTH, SUITE 190
CITY: SUGAR LAND
STATE: TX
ZIP: 77478
BUSINESS PHONE: 281-980-5522
MAIL ADDRESS:
STREET 1: 1650 HWY 6 SOUTH, SUITE 190
CITY: SUGAR LAND
STATE: TX
ZIP: 77478
FORMER COMPANY:
FORMER CONFORMED NAME: ARABIAN AMERICAN DEVELOPMENT CO
DATE OF NAME CHANGE: 20000811
FORMER COMPANY:
FORMER CONFORMED NAME: ARABIAN SHIELD DEVELOPMENT CO
DATE OF NAME CHANGE: 19920703
4
1
wf-form4_165644751747932.xml
FORM 4
X0306
4
2022-06-24
1
0000007039
TRECORA RESOURCES
TREC
0001561818
Adams Gary Kramer
C/O TRECORA RESOURCES
1650 HWY 6 S, SUITE 190
SUGAR LAND
TX
77478
1
0
0
0
Common stock
2022-06-24
4
U
0
39153
9.81
D
0
D
Stock Option (Right to Buy)
7.14
2022-06-27
4
D
0
100000
2.67
D
2022-11-14
Common stock
100000.0
0
D
Note that the number of shares of common stock received by the Reporting Person upon vesting of certain restricted stock units that was reported in a Form 4 filed on November 19, 2018 was inadvertently overstated by 6,148 shares of common stock. The total number of shares of common stock disposed of by the Reporting Person has been adjusted to reflect this overstatement.
Pursuant to the Merger Agreement, this option (which was fully vested) was cancelled immediately prior to the Effective Time and converted into the right to receive a cash payment equal to (i) the excess of (x) $9.81 over (y) the Exercise Price per share listed in Column 2 of Table II of this Form 4, multiplied by (ii) the total number of shares listed in Column 5 of Table II of this Form 4.
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.
/s/ Michael W. Silberman, Attorney-in-Fact
2022-06-28