Triangle Petroleum Corp 4
4 · Triangle Petroleum Corp · Filed Nov 7, 2014
Insider Transaction Report
Form 4
Griggs Douglas J
Other
Transactions
- Award
Restricted Stock Units
2014-11-05+75,000→ 75,000 totalExercise: $0.00From: 2015-11-05→ Common Stock (75,000 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F2]The 75,000 Restricted Stock Units vest 20%, 20%, 20%, and 40% on each of the first four (4) anniversaries, respectively, of the November 5, 2014 grant date.
- [F3]Upon vesting, the Restricted Stock Units are automatically exchanged for an equal number of shares of the Issuer's Common Stock.