4//SEC Filing
Ingriselli Frank C 4
Accession 0001493152-23-025371
CIK 0001898766other
Filed
Jul 23, 8:00 PM ET
Accepted
Jul 24, 4:37 PM ET
Size
13.2 KB
Accession
0001493152-23-025371
Insider Transaction Report
Form 4
Ingriselli Frank C
DirectorChief Executive Officer
Transactions
- Gift
Common Stock
2023-07-21−150,000→ 380,000 total - Other
Common Stock
2023-07-21−150,000→ 530,000 total - Award
Common Stock
2023-07-20+200,000→ 1,200,000 total - Gift
Common Stock
2023-07-21−320,000→ 680,000 total
Holdings
- 197,000(indirect: See footnote)
Common Stock
- 150,000(indirect: See footnote)
Common Stock
- 600,000(indirect: See footnote)
Common Stock
Footnotes (5)
- [F1]Pursuant to the terms of the Issuer's 2022 Equity Incentive Plan, Mr. Ingriselli was granted 200,000 restricted shares of common stock as a bonus pursuant to the terms of his employment agreement on July 20, 2023. All of the shares vested on July 24, 2023.
- [F2]Mr. Ingriselli made gifts of shares of common stock of 80,000 shares each to his four children for a total of 320,000 shares of common stock.
- [F3]Mr. Ingriselli made a contribution of 150,000 shares of common stock to Brightening Lives Foundation Inc. for which Mr. Ingriselli is the Chief Executive Officer and holds investment and voting control; the address of the Brightening Lives Foundation Inc is 9000 Crow Canyon Road, Suite 362, Danville, CA 94506. Mr. Ingriselli may be deemed to have beneficial ownership of the shares held by the aforementioned entity. Mr. Ingriselli disclaims beneficial ownership of the shares held by Brightening Lives Foundation Inc reported herein, except to the extent of his pecuniary interest therein.
- [F4]Mr. Ingriselli made a gift of 150,000 shares of common stock to his wife, Sung Jin Ingriselli. The address of Ms. Ingriselli is 34 Magnolia Place, Danville CA 94506. Mr. Ingriselli may be deemed to have beneficial ownership of these shares.
- [F5]Consists of 600,000 shares held by Global Venture Investments LLC, for which Mr. Ingriselli holds 100% of the membership interest. The address of Global Venture Investments LLC is 4115 Blackhawk Plaza Circle, Suite 100, Danville, CA 94506. Mr. Ingriselli may be deemed to have beneficial ownership of the shares held by the aforementioned entity. Mr. Ingriselli disclaims beneficial ownership of the shares held by Global Venture Investments LLC reported herein, except to the extent of his pecuniary interest therein.
Documents
Issuer
Trio Petroleum Corp.
CIK 0001898766
Entity typeother
Related Parties
1- filerCIK 0001415554
Filing Metadata
- Form type
- 4
- Filed
- Jul 23, 8:00 PM ET
- Accepted
- Jul 24, 4:37 PM ET
- Size
- 13.2 KB