Daniel J. Crowley - Apr 25, 2024 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Role
Chairman, President and CEO, Director
Signature
Jennnifer H. Allen, POA for Daniel J. Crowley
Stock symbol
TGI
Transactions as of
Apr 25, 2024
Transactions value $
-$925,868
Form type
4
Date filed
4/30/2024, 05:47 PM
Previous filing
Jun 15, 2023
Next filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Award $0 +124K +16.04% $0.00 899K Apr 25, 2024 Direct F1
transaction TGI Common Stock Tax liability -$579K -43.2K -4.8% $13.42 856K Apr 25, 2024 Direct F2
transaction TGI Common Stock Options Exercise $0 +25.9K +3.03% $0.00 881K Apr 27, 2023 Direct
transaction TGI Common Stock Options Exercise $0 +32.1K +3.64% $0.00 914K Apr 27, 2024 Direct
transaction TGI Common Stock Tax liability -$347K -25.4K -2.78% $13.66 888K Apr 27, 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 -25.9K -100% $0.00* 0 Apr 27, 2024 Common Stock 25.9K Direct F3
transaction TGI Restricted Stock Units Options Exercise $0 -32.1K -33.33% $0.00 64.1K Apr 27, 2024 Common Stock 32.1K 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 32,072 restricted stock units on April 27, 2025 and 32,073 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.