SEC Form 4 · accession 0001179110-16-023532
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
Apr 28, 2016
Accepted (ET)
May 2, 2016 · 5:06 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 28, 2016 | M | 4,000 | $0.00 | A | 46,033 | D | |
| Common StockF2,F3 | Apr 28, 2016 | F | 1,094 | $0.46 | D | 44,939 | 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 UnitsF4,F5 | $0.00 | Apr 28, 2016 | M | 4,000 | D | Apr 28, 2016 | — | Common Stock | 4,000 | 181,289 | D |
Explanation of responses
- F1Common Stock acquired upon vesting of Restricted Stock Units.
- F2Shares withheld in payment of the Reporting Person's tax withholding triggered by vesting.
- F3Closing price of $0.46 on the NYSE MKT on April 28, 2016.
- F4Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- F5Upon vesting, the Restricted Stock Units are automatically exchanged for an equal number of shares of the Issuer's Common Stock.