SEC Form 4 · accession 0001179110-15-004623

Triangle Petroleum Corp · TPLM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — General Counsel

Period of report

Mar 6, 2015

Accepted (ET)

Mar 10, 2015 · 5:46 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001281922

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Mar 7, 2015	M	2,065	$0.00	A	3,662	D
Common Stock^F2,F3	Mar 7, 2015	F	642	$5.03	D	3,020	D
Common Stock^F1	Mar 7, 2015	M	7,000	$0.00	A	10,020	D
Common Stock^F2,F3	Mar 7, 2015	F	2,176	$5.03	D	7,844	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F4,F5	$0.00	Mar 6, 2015	A	100,000	A	Mar 6, 2015	—	Common Stock	100,000	153,260	D
Restricted Stock Units^F4,F6	$0.00	Mar 7, 2015	M	2,065	D	Mar 7, 2015	—	Common Stock	2,065	151,195	D
Restricted Stock Units^F4,F6	$0.00	Mar 7, 2015	M	7,000	D	Mar 7, 2015	—	Common Stock	7,000	144,195	D

F1Common Stock acquired upon vesting of Restricted Stock Units.
F2Shares withheld in payment of the reporting person's tax withholding triggered by the vesting.
F3Closing price of $5.03 on the NYSE MKT on March 6, 2015, the last trading day before the vesting event.
F4Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F5100,000 Restricted Stock Units were granted to the Reporting Person on March 6, 2015 as a performance bonus for service to the Company during the fiscal year ended January 31, 2015. The Restricted Stock Units vest 1/3, 1/3, 1/3 on March 6 of 2016, 2017, and 2018, respectively.
F6Upon vesting, the Restricted Stock Units are automatically exchanged for an equal number of shares of the Issuer's Common Stock.