KARASCH OLAF 4
4 · TOR MINERALS INTERNATIONAL INC · Filed May 21, 2012
Insider Transaction Report
Form 4
KARASCH OLAF
DirectorPresident & CEO
Transactions
- Award
Option Right to Buy
2012-05-18$16.77/sh+10,000$167,700→ 10,000 totalExercise: $16.77Exp: 2022-05-17→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]Award of 10,000 incentive stock options at an exercise price of $16.77 ea. Options will vest over a five (5) year period with one/fifth or 2,000 options vesting each May 18 beginning May 18, 2013 through May 18, 2017