Dutton Todd 4
4 · TRANSATLANTIC PETROLEUM LTD. · Filed Dec 14, 2020
Insider Transaction Report
Form 4
Dutton Todd
President
Transactions
- Exercise/Conversion
Common Shares
2020-12-10+1,989→ 14,878 total - Tax Payment
Common Shares
2020-12-10$0.24/sh−486$117→ 14,392 total - Exercise/Conversion
Restricted Stock Units
2020-12-10−50→ 0 total→ Common Shares (50 underlying) - Exercise/Conversion
Restricted Stock Units
2020-12-10−1,939→ 0 total→ Common Shares (1,939 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive, upon vesting, one common share of TransAtlantic Petroleum Ltd. This transaction represents the conversion upon vesting of restricted stock units into common shares of TransAtlantic Petroleum Ltd.
- [F2]Represents common shares of TransAtlantic Petroleum Ltd. withheld for the payment of withholding taxes.
- [F3]TransAtlantic Petroleum Ltd. voluntarily accelerated the vesting of the restricted stock units on December 10, 2020, in connection with the transactions contemplated by the Agreement and Plan of Merger, dated August 7, 2020, by and among TransAtlantic Petroleum Ltd., TAT Holdco LLC, and TAT Merger Sub LLC."