PAULSON BERNARD A 4
4 · TOR MINERALS INTERNATIONAL INC · Filed May 22, 2013
Insider Transaction Report
Form 4
PAULSON BERNARD A
Director10% Owner
Transactions
- Purchase
COMMON STOCK
2013-05-22$11.05/sh+2,000$22,100→ 612,161 total(indirect: By Paulson Ranch Ltd) - Exercise of In-Money
OPTION RIGHT TO BUY
2013-05-22$11.05/sh−2,000$22,100→ 0 totalExercise: $11.05From: 2003-05-23Exp: 2013-05-23→ COMMON STOCK (2,000 underlying)
Footnotes (1)
- [F1]2,000 shares represent shares purchased upon the exercise of stock options at an exercise price of $11.05. Shares were granted on May 23, 2003 and had an expiration date of May 23, 2013. Total non-derivative shares of 612,161 represent 592,001 beneficially owned by Mr. Paulson through Paulson Ranch and 20,160 shares individually owned.