Home > Insider Trading > Filing (0000842295-12-000023)

Filing Details

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