SEC Form 4 · accession 0001527853-15-000001
TRANSATLANTIC PETROLEUM LTD. · TAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wil F Saqueton
Officer — VP and Chief Financial Officer
Period of report
Jan 15, 2015
Accepted (ET)
Jan 15, 2015 · 11:00 am EST
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 | Jan 15, 2015 | M | 16,609 | — | A | 39,958 | D | |
| Common SharesF5 | Jan 15, 2015 | F | 5,424 | $4.78 | D | 34,534 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted StockF1,F2 | — | Jan 15, 2015 | M | 3,230 | D | — | — | Common Shares | 3,230 | 0 | D |
| Restricted StockF1,F3 | — | Jan 15, 2015 | M | 4,000 | D | — | — | Common Shares | 4,000 | 4,000 | D |
| Restricted StockF1,F4 | — | Jan 15, 2015 | M | 9,379 | D | — | — | Common Shares | 9,379 | 18,757 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of TransAtlantic Petroleum Ltd. common stock.
- F2The restricted stock units vest in three equal annual installments. The first installment vested on January 15, 2013, the second installment vested on January 15, 2014, and the third installment vested on January 15, 2015.
- F3The restricted stock units vest in three equal annual installments. The first installment vested on January 15, 2014, the second installment vested on January 15, 2015, and the third installment will vest on January 15, 2016.
- F4The restricted stock units vest in three equal installments. The first installment vested on January 15, 2015, the second installment will vest on January 15, 2016, and the third installment will vest on January 15, 2016.
- F5Represents restricted stock units withheld for the payment of withholding taxes.