Triangle Petroleum Corp 4
4 · Triangle Petroleum Corp · Filed Mar 18, 2016
Insider Transaction Report
Form 4
Samuels Jonathan Ryan
Director
Transactions
- Exercise/Conversion
Common Stock
2016-03-06+60,000→ 481,027 total - Tax Payment
Common Stock
2016-03-06$0.84/sh−19,188$16,118→ 461,839 total - Exercise/Conversion
Restricted Stock Units
2016-03-06−60,000→ 120,000 totalExercise: $0.00From: 2016-03-06→ Common Stock (60,000 underlying)
Footnotes (5)
- [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 $0.84 on the NYSE MKT on March 4, 2016, the last trading day before the vesting event.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F5]Upon vesting, the Restricted Stock Units are automatically exchanged for an equal number of shares of the Issuer's Common Stock.