SEC Form 4 · accession 0001179110-15-004808
Triangle Petroleum Corp · TPLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Curt Dacar
Officer — RockPile CEO
Period of report
Mar 10, 2015
Accepted (ET)
Mar 12, 2015 · 5:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001281922
Table I — non-derivative securities
No Table I lines on this filing.
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,F2,F3 | $0.00 | Mar 10, 2015 | A | 163,934 | A | Mar 10, 2015 | — | Common Stock | 163,934 | 243,934 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- F2163,934 Restricted Stock Units were granted to the Reporting Person on March 10, 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 10 of 2016, 2017, and 2018, respectively.
- F3Upon vesting, the Restricted Stock Units are automatically exchanged for an equal number of shares of the Issuer's Common Stock.