Matthew Messinger - 27 Jan 2022 Form 4 Insider Report for Trinity Place Holdings Inc. (TPHS)

Role
President and CEO, Director
Signature
/s/ Richard Pyontek, as Attorney-in Fact for Matthew Messinger
Issuer symbol
TPHS
Transactions as of
27 Jan 2022
Net transactions value
-$220,896
Form type
4
Filing time
27 Jan 2022, 15:33:54 UTC
Previous filing
12 Jan 2022
Next filing
08 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPHS Common Stock Options Exercise +41,667 +2.6% 1,617,009 27 Jan 2022 Direct F1
transaction TPHS Common Stock Tax liability $34,687 -20,404 -1.3% $1.70 1,596,605 27 Jan 2022 Direct
transaction TPHS Common Stock Options Exercise +10,348 +0.65% 1,606,953 27 Jan 2022 Direct F1
transaction TPHS Common Stock Tax liability $8,614 -5,067 -0.32% $1.70 1,601,886 27 Jan 2022 Direct
transaction TPHS Common Stock Options Exercise +30,000 +1.9% 1,631,886 27 Jan 2022 Direct F1
transaction TPHS Common Stock Tax liability $24,975 -14,691 -0.9% $1.70 1,617,195 27 Jan 2022 Direct
transaction TPHS Common Stock Options Exercise +50,000 +3.1% 1,667,195 27 Jan 2022 Direct F1
transaction TPHS Common Stock Tax liability $41,624 -24,485 -1.5% $1.70 1,642,710 27 Jan 2022 Direct
transaction TPHS Common Stock Options Exercise +66,667 +4.1% 1,709,377 27 Jan 2022 Direct F1
transaction TPHS Common Stock Tax liability $55,498 -32,646 -1.9% $1.70 1,676,731 27 Jan 2022 Direct
transaction TPHS Common Stock Options Exercise +66,667 +4% 1,743,398 27 Jan 2022 Direct F1
transaction TPHS Common Stock Tax liability $55,498 -32,646 -1.9% $1.70 1,710,752 27 Jan 2022 Direct

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 Options Exercise $0 -41,667 -50% $0.000000 41,666 27 Jan 2022 Common Stock 41,667 Direct F1, F2
transaction TPHS Restricted Stock Units Options Exercise $0 -10,348 -20% $0.000000 41,393 27 Jan 2022 Common Stock 10,348 Direct F1, F3
transaction TPHS Restricted Stock Units Options Exercise $0 -30,000 -100% $0.000000* 0 27 Jan 2022 Common Stock 30,000 Direct F1, F4
transaction TPHS Restricted Stock Units Options Exercise $0 -50,000 -100% $0.000000* 0 27 Jan 2022 Common Stock 50,000 Direct F1, F5
transaction TPHS Restricted Stock Units Options Exercise $0 -66,667 -50% $0.000000 66,666 27 Jan 2022 Common Stock 66,667 Direct F1, F6
transaction TPHS Restricted Stock Units Options Exercise $0 -66,667 -33% $0.000000 133,333 27 Jan 2022 Common Stock 66,667 Direct F1, F7
* 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 On January 28, 2016, the reporting person was granted 363,095 RSUs, subject to vesting and settlement as described in the reporting person's Form 4 filed on February 1, 2016 (the "January 2016 RSU Grant Form 4"). The settlement of 41,667 RSUs occurred on January 27, 2022.
F3 On January 28, 2016, the reporting person was granted 541,074 RSUs, subject to vesting and settlement as described in the January 2016 RSU Grant Form 4. The settlement of 10,348 RSUs occurred on January 27, 2022.
F4 On December 31, 2018, the reporting person was granted 30,000 RSUs, subject to vesting and settlement as described in the reporting person's Form 4 filed on January 3, 2019. The settlement of these RSUs occurred on January 27, 2022.
F5 On January 3, 2019, the reporting person was granted 150,000 RSUs, subject to vesting and settlement as described in the reporting person's Form 4 filed on January 3, 2019. The settlement of 50,000 RSUs occurred on January 27, 2022.
F6 On January 2, 2020, the reporting person was granted 200,000 RSUs, subject to vesting and settlement as described in the reporting person's Form 4 filed on January 3, 2020. The settlement of 66,667 RSUs occurred on January 27, 2022.
F7 On January 4, 2021, the reporting person was granted 200,000 RSUs, subject to vesting and settlement as described in the reporting person's Form 4 filed on January 22, 2021. The settlement of 66,667 RSUs occurred on January 27, 2022.