W. Nicholas Howley - 22 Feb 2024 Form 4 Insider Report for TransDigm Group INC (TDG)

Role
Director
Signature
/s/ Gabrielle Feuer as attorney-in-fact
Issuer symbol
TDG
Transactions as of
22 Feb 2024
Net transactions value
-$59,067,094
Form type
4
Filing time
26 Feb 2024, 20:36:09 UTC
Previous filing
22 Feb 2024
Next filing
18 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDG Common Stock Options Exercise $8,136,525 +45,912 +213% $177.22 67,460 22 Feb 2024 W. Nicholas Howley Family Trust u/a/d 4/23/99 F1
transaction TDG Common Stock Options Exercise $2,299,118 +13,302 +20% $172.84 80,762 22 Feb 2024 W. Nicholas Howley Family Trust u/a/d 4/23/99 F1
transaction TDG Common Stock Sale $16,097,970 -13,818 -17% $1165.00 66,944 22 Feb 2024 W. Nicholas Howley Family Trust u/a/d 4/23/99
transaction TDG Common Stock Sale $12,390,300 -10,590 -16% $1170.00 56,354 22 Feb 2024 W. Nicholas Howley Family Trust u/a/d 4/23/99
transaction TDG Common Stock Sale $12,902,943 -10,981 -19% $1175.02 45,373 22 Feb 2024 W. Nicholas Howley Family Trust u/a/d 4/23/99 F2
transaction TDG Common Stock Sale $217,681 -185 -0.41% $1176.65 45,188 22 Feb 2024 W. Nicholas Howley Family Trust u/a/d 4/23/99 F3
transaction TDG Common Stock Sale $709,937 -603 -1.3% $1177.34 44,585 22 Feb 2024 W. Nicholas Howley Family Trust u/a/d 4/23/99 F4
transaction TDG Common Stock Sale $27,183,906 -23,037 -52% $1180.01 21,548 22 Feb 2024 W. Nicholas Howley Family Trust u/a/d 4/23/99 F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TDG Stock Option Options Exercise $0 -45,912 -100% $0.000000* 0 22 Feb 2024 Common Stock 45,912 $177.22 W. Nicholas Howley Family Trust u/a/d 4/23/99 F1
transaction TDG Stock Option Options Exercise $0 -13,302 -100% $0.000000* 0 22 Feb 2024 Common Stock 13,302 $172.84 W. Nicholas Howley Family Trust u/a/d 4/23/99 F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The exercise price has been adjusted for dividends declared since August 1, 2022.
F2 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,175.0000 - $1,175.9800. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F3 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,176.0100 - $1,176.7800. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F4 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,177.0800 - $1,177.7400. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F5 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,180.0000 - $1,180.7000. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.