0000842295-12-000023.txt : 20120503 0000842295-12-000023.hdr.sgml : 20120503 20120503170725 ACCESSION NUMBER: 0000842295-12-000023 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120503 FILED AS OF DATE: 20120503 DATE AS OF CHANGE: 20120503 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PAULSON BERNARD A CENTRAL INDEX KEY: 0001268229 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17321 FILM NUMBER: 12810758 MAIL ADDRESS: STREET 1: 722 BURLESON STREET CITY: CORPUS CHRISTI STATE: TX ZIP: 78402 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TOR MINERALS INTERNATIONAL INC CENTRAL INDEX KEY: 0000842295 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] IRS NUMBER: 742081929 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 722 BURLESON CITY: CORPUS CHRISTI STATE: TX ZIP: 78402 BUSINESS PHONE: 361-883-5591 MAIL ADDRESS: STREET 1: 722 BURLESON CITY: CORPUS CHRISTI STATE: TX ZIP: 78402 FORMER COMPANY: FORMER CONFORMED NAME: HITOX CORPORATION OF AMERICA DATE OF NAME CHANGE: 19920703 4 1 primary_doc.xml PRIMARY DOCUMENT X0305 4 2012-05-03 0 0000842295 TOR MINERALS INTERNATIONAL INC TORM 0001268229 PAULSON BERNARD A 722 BURLESON STREET CORPUS CHRISTI TX 78402 1 0 1 0 Common Stock 2012-05-03 4 P 0 191595 507727 A 609661 I By Paulson Ranch Ltd Common Stock 2012-05-03 4 P 0 500 2875 A 610161 I By Paulson Ranch, Ltd 6% Convertible Debenture 2.65 2012-05-03 4 C 0 188680 500000 D 2009-05-04 2016-05-04 Common Stock 188680 0 I By Paulson Ranch Option Right to Buy 5.75 2012-05-03 4 X 0 500 2875 D 2002-05-13 2012-05-12 Common Stock 500 0 D 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 BERNARD A PAULSON 2012-05-03