SEC Form 4 · accession 0001179110-17-007909
TRIUMPH GROUP INC · TGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A. Quigley III
Officer — Vice President and Controller
Period of report
May 15, 2017
Accepted (ET)
May 24, 2017 · 2:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001021162
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | May 17, 2017 | M | 734 | $0.00 | A | 2,082 | D | |
| Common stock | May 15, 2017 | F | 229 | $20.45 | A | 1,853 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock unitsF3,F4 | — | May 15, 2017 | M | 489 | A | — | — | Common stock | 489 | 979 | D |
| Restricted stock unitsF3,F5 | — | May 15, 2017 | M | 244 | A | — | — | Common stock | 244 | 490 | D |
Explanation of responses
- F1Total amount of securities beneficially owned by Participant following reported transaction includes 401 shares common stock held in the Triumph Group Employee Stock Purchase Plan.
- F2This transaction represents the payment of a tax liability on the lapse of forfeiture restrictions on a derivative security and acquisition of the underlying shares.
- F3Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
- F4Forfeiture restrictions will lapse on the remaining restricted stock units in two equal installments on May 15, 2018 and 2019, subject to the terms set forth in the Company's Amended and Restated 2013 Equity and Cash Incentive Program.
- F5Forfeiture restrictions will lapse on the remaining restricted stock units in two equal installments of this retention award on May 15, 2018 and 2019, subject to the terms set forth in the Company's Amended and Restated 2013 Equity and Cash Incentive Program.