Triangle Petroleum Corp 4
4 · Triangle Petroleum Corp · Filed Jul 20, 2015
Insider Transaction Report
Form 4
HILL PETER J
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2015-07-18+22,500→ 363,595 total - Tax Payment
Common Stock
2015-07-18$4.03/sh−6,154$24,801→ 357,441 total - Award
Restricted Stock Units
2015-07-16+45,000→ 127,500 totalExercise: $0.00From: 2016-07-16→ Common Stock (45,000 underlying) - Exercise/Conversion
Restricted Stock Units
2015-07-18−22,500→ 105,000 totalExercise: $0.00From: 2015-07-18→ Common Stock (22,500 underlying)
Footnotes (6)
- [F1]Common Stock acquired upon vesting of Restricted Stock Units.
- [F2]Shares withheld in payment of the Reporting Person's tax withholding triggered by vesting.
- [F3]Closing price of $4.03 on the NYSE MKT on July 17, 2015.
- [F4]45,000 Restricted Stock Units were approved and granted to the Reporting Person by the Compensation Committee of the Board of Directors on July 16, 2015.
- [F5]Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F6]Upon vesting, the Restricted Stock Units will automatically be exchanged for an equal number of shares of the Issuer's Common Stock.