SEC Form 4 · accession 0001209191-17-039560
TRANSATLANTIC PETROLEUM LTD. · TAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Elmore
Officer — principal accounting/financial
Period of report
May 31, 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 SharesF1 | May 31, 2017 | M | 7,821 | — | A | 25,113 | D | |
| Common SharesF2 | May 31, 2017 | F | 2,555 | $1.32 | D | 22,558 | 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 UnitsF1,F3 | — | May 31, 2017 | M | 2,167 | D | — | — | Common Shares | 2,167 | 0 | D |
| Restricted Stock UnitsF1,F4 | — | May 31, 2017 | M | 3,776 | D | — | — | Common Shares | 3,776 | 0 | D |
| Restricted Stock UnitsF1,F5 | — | May 31, 2017 | M | 1,878 | D | — | — | Common Shares | 1,878 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of TransAtlantic Petroleum Ltd. common stock.
- F2Represents restricted stock units withheld for the payment of withholding taxes.
- F3The restricted stock units vested in full on May 31, 2017.
- F43,776 restricted stock units vested on May 31, 2017; the remaining restricted stock units were forfeited upon the termination of Mr. Elmore's employment with the Issuer.
- F51,878 restricted stock units vested on May 31, 2017; the remaining restricted stock units were forfeited upon the termination of Mr. Elmore's employment with the Issuer.