SEC Form 4 · accession 0001209191-17-039558
TRANSATLANTIC PETROLEUM LTD. · TAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marlan Downey
Director
Period of report
Mar 28, 2017
Accepted (ET)
Jun 13, 2017 · 5:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001092289
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Mar 28, 2017 | P | 10,000 | $1.2296 | A | 14,022 | D | |
| Common SharesF1 | Mar 28, 2017 | J | 10,000 | — | D | 13,022 | D | |
| Common SharesF2 | Jun 12, 2017 | M | 28,146 | — | A | 41,168 | D | |
| Common SharesF3 | Jun 12, 2017 | M | 48,207 | — | A | 89,375 | D | |
| Common SharesF4 | Jun 12, 2017 | F | 24,930 | $1.23 | D | 64,445 | 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,F5 | — | Jun 12, 2017 | M | 48,207 | D | — | — | Common Shares | 48,207 | 0 | D |
Explanation of responses
- F1The shares were purchased and immediately transferred into individual trust accounts held in the names of Mr. Downey's grandchildren.
- F2Represents restricted stock units that were issued on June 12, 2017 and vested immediately due to Mr. Downey's passing. Each restricted stock unit represents a contingent right to receive one share of TransAtlantic Petroleum Ltd. common stock.
- F3Each restricted stock unit represents a contingent right to receive one share of TransAtlantic Petroleum Ltd. common stock.
- F4Represents restricted stock units withheld for the payment of withholding taxes.
- F5These restricted stock units, originally scheduled to vest on June 28, 2017, vested on June 12, 2017 due to Mr. Downey's passing.