Triangle Petroleum Corp 4
4 · Triangle Petroleum Corp · Filed Mar 18, 2016
Insider Transaction Report
Form 4
Bliffen Justin
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2016-03-07+1,328→ 221,333 total - Tax Payment
Common Stock
2016-03-07$1.45/sh−425$616→ 220,908 total - Exercise/Conversion
Restricted Stock Units
2016-03-07−1,328→ 442,654 totalExercise: $0.00From: 2016-03-07→ Common Stock (1,328 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 $1.45 on the NYSE MKT on March 7, 2016.
- [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.