Potter Chad 4
4 · TRANSATLANTIC PETROLEUM LTD. · Filed Sep 5, 2012
Insider Transaction Report
Form 4
Potter Chad
Vice President
Transactions
- Exercise/Conversion
Common Shares
2012-09-01+58,480→ 58,480 total - Sale
Common Shares
2012-09-04$1.04/sh−18,829$19,582→ 39,651 total - Exercise/Conversion
Restricted Stock Units
2012-09-01−58,480→ 116,959 total→ Common Shares (58,480 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of TransAtlantic Petroleum Ltd. common stock.
- [F2]The restricted stock units vest in three equal annual installments. The first annual installment vested on September 1, 2012, the second installment will vest on September 1, 2013 and the third installment will vest on September 1, 2014.
- [F3]The reporting person sold shares on September 4, 2012 in order to pay withholding taxes due on restricted stock units that vested on September 1, 2012.