WALL CECIL C exercised options at TEXAS MINERAL RESOURCES CORP.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 6 exercises

WALL CECIL C

Filed: 6/18/2020ACC: 0001078782-20-000453

InsiderWALL CECIL CCIK 1269450

→

IssuerTEXAS MINERAL RESOURCES CORP.CIK 1445942

Director

Since Feb 2020

-52.20K

Net shares

Net seller

$87.8K

Total acquired

Open market trades

0B · 0S

Total transactions

287.80K acquired · 340K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+78.05K

Price / share

$0.45

Trade value

$35.12K

% of position

12.7%

6/17/2020

616.15K→694.20K

Common Stock

Direct

M · Option Exercise

+46.83K

Price / share

$0.45

Trade value

$21.07K

% of position

6.7%

6/17/2020

694.20K→741.03K

Common Stock

Direct

M · Option Exercise

+44.63K

Price / share

$0.22

Trade value

$9.82K

% of position

6.0%

6/17/2020

741.03K→785.67K

Common Stock

Direct

M · Option Exercise

+90.24K

Price / share

$0.20

Trade value

$18.05K

% of position

11.5%

6/17/2020

785.67K→875.91K

Common Stock

Direct

M · Option Exercise

+18.51K

Price / share

$0.10

Trade value

$1.85K

% of position

2.1%

6/17/2020

875.91K→894.42K

Common Stock

Direct

M · Option Exercise

+9.54K

Price / share

$0.20

Trade value

$1.91K

% of position

1.1%

6/17/2020

894.42K→903.96K

Total

Net shares

+287.80K

Net value

$87.82K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	6/17/2020	M · Option Exercise	+78.05K	$0.45	$35.12K	12.7%	616.15K	694.20K
Common Stock Direct	6/17/2020	M · Option Exercise	+46.83K	$0.45	$21.07K	6.7%	694.20K	741.03K
Common Stock Direct	6/17/2020	M · Option Exercise	+44.63K	$0.22	$9.82K	6.0%	741.03K	785.67K
Common Stock Direct	6/17/2020	M · Option Exercise	+90.24K	$0.20	$18.05K	11.5%	785.67K	875.91K
Common Stock Direct	6/17/2020	M · Option Exercise	+18.51K	$0.10	$1.85K	2.1%	875.91K	894.42K
Common Stock Direct	6/17/2020	M · Option Exercise	+9.54K	$0.20	$1.91K	1.1%	894.42K	903.96K
Total			+287.80K		$87.82K

Derivative Transactions6

Common Stock Options

Direct

M · Option Exercise

Converts to

Common Stock

78.05K shares

−100K

Strike price

0.45

Held after

230K

Exercisable

—

6/17/2020

Common Stock Options

Direct

M · Option Exercise

Converts to

Common Stock

46.83K shares

−60K

Strike price

0.45

Held after

170K

Exercisable

—

6/17/2020

Common Stock Options

Direct

M · Option Exercise

Converts to

Common Stock

44.63K shares

−50K

Strike price

0.22

Held after

120K

Exercisable

—

6/17/2020

Common Stock Options

Direct

M · Option Exercise

Converts to

Common Stock

90.24K shares

−100K

Strike price

0.2

Held after

20K

Exercisable

—

6/17/2020

Common Stock Options

Direct

M · Option Exercise

Converts to

Common Stock

18.51K shares

−20K

Strike price

0.1

Held after

10K

Exercisable

—

6/17/2020

Common Stock Options

Direct

M · Option Exercise

Converts to

Common Stock

9.54K shares

−10K

Strike price

0.2

Held after

0.00

Exercisable

—

6/17/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Common Stock Options Direct	Common Stock78.05K shares	6/17/2020	M · Option Exercise	−100K	0.45	—	230K
Common Stock Options Direct	Common Stock46.83K shares	6/17/2020	M · Option Exercise	−60K	0.45	—	170K
Common Stock Options Direct	Common Stock44.63K shares	6/17/2020	M · Option Exercise	−50K	0.22	—	120K
Common Stock Options Direct	Common Stock90.24K shares	6/17/2020	M · Option Exercise	−100K	0.2	—	20K
Common Stock Options Direct	Common Stock18.51K shares	6/17/2020	M · Option Exercise	−20K	0.1	—	10K
Common Stock Options Direct	Common Stock9.54K shares	6/17/2020	M · Option Exercise	−10K	0.2	—	0.00