HARTMAN DOUGLAS M 4
4 · TOR MINERALS INTERNATIONAL INC · Filed May 14, 2012
Insider Transaction Report
Form 4
HARTMAN DOUGLAS M
Director10% Owner
Transactions
- Purchase
Common Stock
2012-05-11$2875.00/sh+500$1,437,500→ 305,340 total(indirect: By Trust) - Exercise of In-Money
Option Right to Buy
2012-05-11$2875.00/sh+500$1,437,500→ 0 totalExercise: $2.75From: 2002-05-13Exp: 2012-05-12→ Common Stock (500 underlying) - Award
Option Right to Buy
2012-05-14$9110.00/sh+500$4,555,000→ 500 totalExercise: $18.22From: 2012-05-14Exp: 2022-05-13→ Common Stock (500 underlying)
Footnotes (4)
- [F1]Exercise of 500 stock options which were granted on May 13, 2002 and expire on May 12, 2012, with an exercise price of $5.75 each
- [F2]Mr. Hartman is Trustee of the Douglas MacDonald Hartman Family Irrevocable Trust
- [F3]Total shares represent 304,340 owned by the Douglas MacDonald Hartman Family Irrevocable Trust and the remaining 1,000 shares are held individually by Mr. Hartman
- [F4]Automatic stock options granted to non-employee directors under the 2000 Incentive Plan for TOR Minerals Interntional, Inc. The 500 stock options were granted on May 14, 2012 and expire May 13, 2022 and have an exercise price of $18.22 each