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