Richard Guy Pyontek - 03 Jan 2022 Form 4 Insider Report for Trinity Place Holdings Inc. (TPHS)

Role
Chief Accounting Officer
Signature
/s/ Richard G. Pyontek
Issuer symbol
TPHS
Transactions as of
03 Jan 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 15:19:36 UTC
Next filing
07 Jan 2022
SEC
View on sec.gov

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 TPHS Restricted Stock Units Award $0 +8,000 $0.000000 8,000 03 Jan 2022 Common Stock 8,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") converts into one share of common stock of Trinity Place Holdings Inc.
F2 The RSUs will vest as follows: one-half of the RSUs will vest on each of January 1, 2023 and January 1, 2024, subject to the reporting person's continued employment on the applicable vesting dates. In the event the reporting person's employment is terminate without cause, all of the unvested RSUs will vest immediately.