Triangle Petroleum Corp 4
4 · Triangle Petroleum Corp · Filed Jul 5, 2017
Insider Transaction Report
Form 4
McGee Ryan D
Interim General Counsel
Transactions
- Tax Payment
Common Stock
2017-07-01$0.03/sh−10,234$307→ 115,284 total - Exercise/Conversion
Common Stock
2017-07-01+32,000→ 125,518 total - Exercise/Conversion
Restricted Stock Units
2017-07-01−32,000→ 143,333 totalExercise: $0.00From: 2017-07-01→ Common Stock (32,000 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 $0.03 on the OTC Pink on June 30, 2017, 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.