TOR MINERALS INTERNATIONAL INC 4
4 · TOR MINERALS INTERNATIONAL INC · Filed May 2, 2016
Insider Transaction Report
Form 4
PAULSON BERNARD A
Director10% Owner
Transactions
- Award
Common Stock
2016-04-29$2.65/sh+188,680$500,002→ 800,841 total(indirect: By Paulson Ranch Ltd) - Exercise of In-Money
Warrant Right to Buy
2016-04-29$2.65/sh−188,680$500,002→ 6,300 total(indirect: Paulson Ranch, Ltd which Bernard Paulson has sole voting rights)Exercise: $2.65From: 2009-08-01Exp: 2016-05-04→ Common Stock (188,680 underlying)
Footnotes (3)
- [F1]Exercise (purchase) of 188,680 warrants at $2.65/each issued in August 2009
- [F2]Non-Qualifying Stock Options granted Annually to Directors
- [F3]Mr. Paulson has sole voting power for shares held by Paulson Ranch, Ltd.