SEC Form 4 · accession 0001651880-16-000029
TRANSATLANTIC PETROLEUM LTD. · TAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wil F Saqueton
Officer — VP and CFO
Period of report
Sep 29, 2016
Accepted (ET)
Oct 3, 2016 · 1:03 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 | Sep 29, 2016 | M | 41,893 | — | A | 108,147 | D | |
| Common SharesF2 | Sep 29, 2016 | F | 11,082 | $1.21 | D | 97,065 | 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 | — | Sep 29, 2016 | M | 9,379 | D | — | — | Common Shares | 9,379 | 0 | D |
| Restricted Stock UnitsF1,F3 | — | Sep 29, 2016 | M | 23,779 | D | — | — | Common Shares | 23,779 | 0 | D |
| Restricted Stock UnitsF1,F4 | — | Sep 29, 2016 | M | 8,735 | D | — | — | Common Shares | 8,735 | 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 September 29, 2016.
- F48,735 restricted stock units vested on September 29, 2016; the remaining restricted units were forfeited upon the termination of Mr. Saqueton's employment with the Issuer.