SEC Form 4 · accession 0001179110-17-004283
Triangle Petroleum Corp · TPLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan D McGee
Officer — General Counsel
Period of report
Mar 6, 2017
Accepted (ET)
Mar 8, 2017 · 7:12 pm EST
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 | Mar 6, 2017 | M | 33,333 | — | A | 98,965 | D | |
| Common StockF2,F3 | Mar 6, 2017 | F | 12,427 | $0.26 | D | 86,538 | D | |
| Common StockF1 | Mar 7, 2017 | M | 7,000 | — | A | 93,538 | D | |
| Common StockF2,F4 | Mar 7, 2017 | F | 2,610 | $0.26 | D | 90,928 | D | |
| Common StockF1 | Mar 7, 2017 | M | 4,130 | — | A | 95,058 | D | |
| Common StockF2,F4 | Mar 7, 2017 | F | 1,540 | $0.26 | D | 93,518 | 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 UnitsF5,F6 | $0.00 | Mar 6, 2017 | M | 33,333 | D | Mar 6, 2017 | — | Common Stock | 33,333 | 186,463 | D |
| Restricted Stock UnitsF5,F6 | $0.00 | Mar 7, 2017 | M | 7,000 | D | Mar 7, 2017 | — | Common Stock | 7,000 | 179,463 | D |
| Restricted Stock UnitsF5,F6 | $0.00 | Mar 7, 2017 | M | 4,130 | D | Mar 7, 2017 | — | Common Stock | 4,130 | 175,333 | 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 $0.26 on the NYSE MKT on March 6, 2017.
- F4Closing price of $0.26 on the NYSE MKT on March 7, 2017.
- F5Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- F6Upon vesting, the Restricted Stock Units are automatically exchanged for an equal number of shares of the Issuer's Common Stock.