Triangle Petroleum Corp 4
4 · Triangle Petroleum Corp · Filed Apr 11, 2016
Insider Transaction Report
Form 4
Samuels Jonathan Ryan
Director
Transactions
- Exercise/Conversion
Common Stock
2016-04-09+15,000→ 476,839 total - Tax Payment
Common Stock
2016-04-09$0.48/sh−4,797$2,303→ 472,042 total - Exercise/Conversion
Restricted Stock Units
2016-04-09−15,000→ 105,000 totalExercise: $0.00From: 2016-04-09→ Common Stock (15,000 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 $0.48 on the NYSE MKT on April 8, 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.