Turner Lance R. 4
4 · TRIUMPH GROUP INC · Filed Jun 11, 2020
Insider Transaction Report
Form 4
Turner Lance R.
SVP, Human Resources
Transactions
- Award
Restricted Stock Units
2020-06-09+20,170→ 20,170 totalExercise: $0.00→ Common Stock (20,170 underlying) - Exercise/Conversion
Common Stock
2020-06-09+1,403→ 8,418 total - Exercise/Conversion
Restricted Stock Units
2020-06-09−1,403→ 1,403 total→ Common Stock (1,403 underlying) - Tax Payment
Common Stock
2020-06-09$12.44/sh−386$4,802→ 8,032 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 on June 9, 2021. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.
- [F4]Represents an award of restricted stock units, with restrictions lapsing as to 1/3 of the award on each of the first, second and third anniversaries of the date of grant. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.