PALM JOSEPH P. exercised options at TRECORA RESOURCES
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 11/9/2018ACC: 0000007039-18-000064
-28.94K
Net shares
Net seller
$272.6K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
40K acquired · 68.94K disposed
Non-Derivative Transactions2
Common stock
Direct
Shares
+40K
Price / share
—
Trade value
—
% of position
97.9%
11/7/2018
40.88K→80.88K
Common stock
Direct
Shares
−28.94K
Price / share
$9.42
Trade value
$272.59K
% of position
35.8%
11/7/2018
80.88K→51.94K
Total
Net shares
+11.06K
Net value
-$272.59K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common stock Direct | 11/7/2018 | M · Option Exercise | +40K | — | — | 97.9% | 40.88K | 80.88K |
| Common stock Direct | 11/7/2018 | F · Tax Withholding | −28.94K | $9.42 | $272.59K | 35.8% | 80.88K | 51.94K |
| Total | +11.06K | -$272.59K | ||||||
Derivative Transactions1
09/25/11 stock options
Direct
Converts to
Common stock
40K shares
Shares
−40K
Strike price
3.52
Held after
18.83K
Exercisable
—
11/7/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| 09/25/11 stock options Direct | Common stock40K shares | 11/7/2018 | M · Option Exercise | −40K | 3.52 | — | 18.83K |