Filing Details
- Accession Number:
- 0000842295-12-000023
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-05-03 17:07:25
- Reporting Period:
- 2012-05-03
- Filing Date:
- 2012-05-03
- Accepted Time:
- 2012-05-03 17:07:25
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 842295 | Tor Minerals International Inc | TORM | Industrial Inorganic Chemicals (2810) | 742081929 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1268229 | A Bernard Paulson | 722 Burleson Street Corpus Christi TX 78402 | Yes | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2012-05-03 | 191,595 | $507,727.00 | 609,661 | No | 4 | P | Indirect | By Paulson Ranch Ltd |
| Common Stock | Acquisiton | 2012-05-03 | 500 | $2,875.00 | 610,161 | No | 4 | P | Indirect | By Paulson Ranch, Ltd |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | By Paulson Ranch Ltd |
| No | 4 | P | Indirect | By Paulson Ranch, Ltd |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | 6% Convertible Debenture | Disposition | 2012-05-03 | 188,680 | $500,000.00 | 188,680 | $2.65 |
| Common Stock | Option Right to Buy | Disposition | 2012-05-03 | 500 | $2,875.00 | 500 | $5.75 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2009-05-04 | 2016-05-04 | No | 4 | C | Indirect |
| 0 | 2002-05-13 | 2012-05-12 | No | 4 | X | Direct |
Footnotes
- Purchase represents the conversion of 6% Convertible Debentures (the "Debenture"), due May 4, 2016, at a conversion price of $2.65/ea. The Debenture, in the amount of $500,000 has been held by Paulson Ranch, Ltd., since May 4, 2009. The total shares acquired include 2,915 shares related to the conversion of accrued interest and represents $7,727 of the total purchase price of $507,727
- Of the total shares reported, Paulson Ranch Ltd owns 592,001 and a total of 17,660 are owned individually by Mr. Paulson and his wife
- Shares are held for the account of Paulson Ranch, of which Mr. Paulson has sole voting power and disclaims beneficial ownership
- Exercise of 500 Stock Options granted under the TOR Minerals Option Plan on May 13, 2002 at an exercise price of $5.75/ea.
- Of the total shares reported, Paulson Ranch Ltd own 592,001 and Mr. Paulson and his wife individually own 18,150
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