Triangle Petroleum Corp 4
4 · Triangle Petroleum Corp · Filed Jul 19, 2016
Insider Transaction Report
Form 4
HILL PETER J
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2016-07-16$0.23/sh−14,693$3,379→ 428,158 total - Exercise/Conversion
Restricted Stock Units
2016-07-16−45,000→ 0 totalExercise: $0.00From: 2016-07-16→ Common Stock (45,000 underlying) - Exercise/Conversion
Common Stock
2016-07-16+45,000→ 442,851 total
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 $0.23 on the NYSE MKT on July 15, 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.