4//SEC Filing
Triangle Petroleum Corp 4
Accession 0000899243-16-023759
CIK 0001281922operating
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 4:30 PM ET
Size
14.3 KB
Accession
0000899243-16-023759
Insider Transaction Report
Form 4
NGP Natural Resources X, L.P.
10% Owner
Transactions
- Sale
Common Stock
2016-06-24$0.36/sh−85,000$30,693→ 4,373,172 total(indirect: See Remarks) - Sale
Common Stock
2016-06-27$0.32/sh−120,672$38,579→ 4,252,500 total(indirect: See Remarks)
HERSH KENNETH A
10% Owner
Transactions
- Sale
Common Stock
2016-06-27$0.32/sh−120,672$38,579→ 4,252,500 total(indirect: See Remarks) - Sale
Common Stock
2016-06-24$0.36/sh−85,000$30,693→ 4,373,172 total(indirect: See Remarks)
GFW X, L.L.C.
10% Owner
Transactions
- Sale
Common Stock
2016-06-24$0.36/sh−85,000$30,693→ 4,373,172 total(indirect: See Remarks) - Sale
Common Stock
2016-06-27$0.32/sh−120,672$38,579→ 4,252,500 total(indirect: See Remarks)
G.F.W. Energy X, L.P.
10% Owner
Transactions
- Sale
Common Stock
2016-06-24$0.36/sh−85,000$30,693→ 4,373,172 total(indirect: See Remarks) - Sale
Common Stock
2016-06-27$0.32/sh−120,672$38,579→ 4,252,500 total(indirect: See Remarks)
Footnotes (3)
- [F1]Pursuant to a Stock Purchase Agreement (the "Stock Purchase Agreement"), dated March 2, 2013, between Triangle Petroleum Corporation ("Triangle") and NGP Triangle Holdings, LLC ("NGP Triangle"), Triangle issued and sold a total of 9,300,000 shares of common stock of Triangle ("Common Stock") at a price of $6.00 per share as follows: 8,118,407 shares (the "NGP X Shares") of Common Stock to NGP Natural Resources X, L.P. ("NGP X") and 1,181,593 shares of Common Stock (the "NGP Parallel Shares") to NGP Natural Resources X Parallel Fund, L.P. ("NGP Parallel").
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.3401 to $0.3728, inclusive. The reporting person undertakes to provide to Triangle Petroleum Corporation, any security holder of Triangle Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.3100 to $0.3500, inclusive.
Documents
Issuer
Triangle Petroleum Corp
CIK 0001281922
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001281922
Filing Metadata
- Form type
- 4
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 4:30 PM ET
- Size
- 14.3 KB