4//SEC Filing
Testa Michael 4
Accession 0001013762-25-000706
CIK 0001786108other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 7:48 PM ET
Size
7.8 KB
Accession
0001013762-25-000706
Insider Transaction Report
Form 4
Testa Michael
CFO and Treasurer
Transactions
- Award
Employee Stock Option (right to buy)
2025-03-14+300,000→ 300,000 totalExercise: $15.83Exp: 2035-03-13→ Common Stock (300,000 underlying) - Tax Payment
Common Stock
2025-03-14$15.83/sh−4,971$78,691→ 101,617 total
Footnotes (2)
- [F1]Shares withheld to satisfy the reporting person's tax obligations in connection with vesting of restricted shares on March 14, 2025. Transaction exempt from Section 16(b) pursuant to Rule 16b-3.
- [F2]If at any time on or prior to March 14, 2026 the volume weighted average trading price ("VWAP") per share of Trinity Capital Inc.'s common stock (the "Stock") on any established stock exchange or national market system for ninety (90) consecutive calendar days ending on the last trading day preceding the applicable day is equal to or greater than $23.75, then, provided that Mr. Testa remains in the continuous employment of Trinity Capital Inc. through the applicable vesting date (subject to certain limited exceptions), the stock option will vest as follows: 25% on March 14, 2026 with the remaining 75% vesting pro rata over the twelve full calendar quarters immediately following March 14, 2026. For the avoidance of doubt, both the VWAP condition and the service condition must be satisfied for the stock option to vest in accordance with its terms.
Documents
Issuer
Trinity Capital Inc.
CIK 0001786108
Entity typeother
Related Parties
1- filerCIK 0002007041
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 7:48 PM ET
- Size
- 7.8 KB