Triangle Petroleum Corp 4
4 · Triangle Petroleum Corp · Filed Apr 11, 2017
Insider Transaction Report
Form 4
Samuels Jonathan Ryan
Director
Transactions
- Exercise/Conversion
Common Stock
2017-04-09+15,000→ 487,042 total - Tax Payment
Common Stock
2017-04-09$0.08/sh−6,987$559→ 480,055 total - Exercise/Conversion
Restricted Stock Units
2017-04-09−15,000→ 90,000 totalExercise: $0.00From: 2017-04-09→ Common Stock (15,000 underlying)
Footnotes (5)
- [F1]Common Stock acquired upon vesting of Restricted Stock Units.
- [F2]Shares withheld in payment of the Reporting Person's tax withholding triggered by vesting.
- [F3]Closing price of $0.08 on the OTC Pink on April 7, 2017, the last trading day before the vesting event.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F5]Upon vesting, the Restricted Stock Units are automatically exchanged for an equal number of shares of the Issuer's Common Stock.