Filing Details

Accession Number:
0000842295-12-000024
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-05-03 17:43:55
Reporting Period:
2012-05-03
Filing Date:
2012-05-03
Accepted Time:
2012-05-03 17:43:55
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
1184548 W Thomas Pauken Yes No No 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 19,160 $50,774.00 47,801 No 4 P Indirect Shares held by self, spouse and TWP
Common Stock Acquisiton 2012-05-03 500 $2,875.00 48,301 No 4 P Indirect Ownership includes self, spouse and TWP, Inc.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Shares held by self, spouse and TWP
No 4 P Indirect Ownership includes self, spouse and TWP, Inc.
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 18,868 $50,000.00 18,868 $2.65
Common Stock Optoin 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
  1. 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 $50,000, was held by both Mr. Pauken and his wife since May 4, 2009. The total shares acquired include 292 shares related to the conversion of accrued interest on the Debenture and represents $774 of the total purchase price of $50,774
  2. Beneficial ownership consist of 28,043 shares owned directly by Mr. Pauken, 11,020 owned by his spouse and 8,738 owned by TWP, Inc
  3. Exercise of 500 options granted 5/13/2002 under the TOR Minerals Option Plan at an exercise price of $5.75/ea.
  4. Beneficial ownership includes 28,543 shares directly owned, 11,020 owned by spouse and 8,738 owned by TWP, Inc.