FEITEN JOSEPH BRUCE 4
4 · Triangle Petroleum Corp · Filed Mar 16, 2012
Insider Transaction Report
Form 4
FEITEN JOSEPH BRUCE
See Remarks
Transactions
- Award
Common Stock
2012-03-14+80,000→ 140,000 total
Footnotes (1)
- [F1]80,000 Restricted Stock Units per a Restricted Stock Unit Agreement entered into on March 14, 2012 under terms approved by the Company's board of directors on December 2, 2011 with regard to the Company's employment of Mr. Feiten, beginning November 1, 2011. The Restricted Stock Units vest one third on the first three anniversaries of employment, i.e., one-third on the 1st of November of 2012, 2013 and 2014, respectively. Each Restricted Stock Unit represents a contingent right to receive one share of the Company's common stock upon RSU vesting.