TRIUMPH GROUP INC 4
4 · TRIUMPH GROUP INC · Filed May 24, 2017
Insider Transaction Report
Form 4
LOVELY RICHARD
SVP, Human Resources
Transactions
- Exercise/Conversion
Common stock
2017-05-15+1,562→ 3,562 total - Exercise/Conversion
Restricted stock units
2017-05-15−1,041→ 2,083 total→ Common stock (1,041 underlying) - Exercise/Conversion
Restricted stock units
2017-05-15−521→ 1,041 total→ Common stock (521 underlying) - Tax Payment
Common stock
2017-05-15$20.45/sh−491$10,041→ 3,071 total
Footnotes (4)
- [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 remaining 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.
- [F4]Forfeiture restrictions will lapse on the remaining restricted stock units in two equal installments of this sign on award under offer letter 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.