TRIUMPH GROUP INC 4
4 · TRIUMPH GROUP INC · Filed May 24, 2017
Insider Transaction Report
Form 4
Abram Michael R
EVP, Product Support
Transactions
- Exercise/Conversion
Restricted stock units
2017-05-15−833→ 1,666 total→ Common stock (833 underlying) - Exercise/Conversion
Common stock
2017-05-15+833→ 12,379 total - Tax Payment
Common stock
2017-05-15$20.45/sh−285$5,828→ 12,094 total
Footnotes (3)
- [F1]This transaction represents the payment of a tax liability on the lapse of forfeiture restrictions on a derivative security and acquisition of the underlying shares.
- [F2]Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
- [F3]Forfeiture restrictions will lapse on the restricted stock units in two equal installments on May 15, 2018 and 2019, subject to the terms set forth in the Company's Amended and Restated 2013 Equity and Cash Incentive Program.