Jennifer H. Allen - 25 Apr 2024 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Role
CAO, GC & Secretary
Signature
Jennifer H. Allen
Issuer symbol
TGI
Transactions as of
25 Apr 2024
Net transactions value
-$181,414
Form type
4
Filing time
30 Apr 2024, 17:38:11 UTC
Previous filing
15 Jun 2023
Next filing
06 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Award $0 +34,840 +71% $0.000000 83,631 25 Apr 2024 Direct F1
transaction TGI Common Stock Tax liability $129,329 -9,637 -12% $13.42 73,994 25 Apr 2024 Direct F2
transaction TGI Common Stock Options Exercise $0 +7,271 +9.8% $0.000000 81,265 27 Apr 2023 Direct
transaction TGI Common Stock Options Exercise $0 +6,609 +8.1% $0.000000 87,874 27 Apr 2024 Direct
transaction TGI Common Stock Tax liability $52,086 -3,813 -4.3% $13.66 84,061 27 Apr 2024 Direct F2

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 TGI Restricted Stock Units Options Exercise $0 -7,271 -100% $0.000000* 0 27 Apr 2024 Common Stock 7,271 Direct F3
transaction TGI Restricted Stock Units Options Exercise $0 -6,609 -33% $0.000000 13,218 27 Apr 2024 Common Stock 6,609 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Common Stock earned by the Reporting Person from a performance-based restricted stock unit award granted in Fiscal Year 2022 due to the achievement of certain performance goals, as determined by the Human Capital and Compensation Committee of the Issuer on April 25, 2024.
F2 Represents shares withheld to cover a tax liability in connection with the vesting and settlement of the performance-based restricted stock units and restricted stock units, as applicable, described herein.
F3 Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
F4 Forfeiture restrictions will lapse for 6,609 restricted stock units on April 27, 2025 and 6,609 restricted stock units on April 27, 2026. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.