Matthew Messinger - 31 Jan 2023 Form 4 Insider Report for Trinity Place Holdings Inc. (TPHS)

Signature
/s/ Richard Pyontek, as Attorney-in Fact for Matthew Messinger
Issuer symbol
TPHS
Transactions as of
31 Jan 2023
Net transactions value
-$143,478
Form type
4
Filing time
01 Feb 2023, 15:15:33 UTC
Previous filing
24 Jan 2023
Next filing
13 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPHS Common Stock Options Exercise +41,667 +2.3% 1,886,177 31 Jan 2023 Direct F1
transaction TPHS Common Stock Tax liability $17,547 -20,404 -1.1% $0.8600 1,865,773 31 Jan 2023 Direct
transaction TPHS Common Stock Options Exercise +41,666 +2.2% 1,907,439 31 Jan 2023 Direct F1
transaction TPHS Common Stock Tax liability $17,547 -20,403 -1.1% $0.8600 1,887,036 31 Jan 2023 Direct
transaction TPHS Common Stock Options Exercise +20,697 +1.1% 1,907,733 31 Jan 2023 Direct F1
transaction TPHS Common Stock Tax liability $8,715 -10,134 -0.53% $0.8600 1,897,599 31 Jan 2023 Direct
transaction TPHS Common Stock Options Exercise +30,000 +1.6% 1,927,599 31 Jan 2023 Direct F1
transaction TPHS Common Stock Tax liability $12,634 -14,691 -0.76% $0.8600 1,912,908 31 Jan 2023 Direct
transaction TPHS Common Stock Options Exercise +66,666 +3.5% 1,979,574 31 Jan 2023 Direct F1
transaction TPHS Common Stock Tax liability $28,076 -32,646 -1.6% $0.8600 1,946,928 31 Jan 2023 Direct
transaction TPHS Common Stock Options Exercise +66,667 +3.4% 2,013,595 31 Jan 2023 Direct F1
transaction TPHS Common Stock Tax liability $28,076 -32,646 -1.6% $0.8600 1,980,949 31 Jan 2023 Direct
transaction TPHS Common Stock Options Exercise +73,333 +3.7% 2,054,282 31 Jan 2023 Direct F1
transaction TPHS Common Stock Tax liability $30,883 -35,911 -1.7% $0.8600 2,018,371 31 Jan 2023 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 41,667 31 Jan 2023 Common Stock 41,667 Direct F1, F2
transaction TPHS Restricted Stock Units Options Exercise $0 -41,666 -100% $0.000000* 0 31 Jan 2023 Common Stock 41,666 Direct F1, F3
transaction TPHS Restricted Stock Units Options Exercise $0 -20,697 -50% $0.000000 20,696 31 Jan 2023 Common Stock 20,697 Direct F1, F4
transaction TPHS Restricted Stock Units Options Exercise $0 -30,000 -100% $0.000000* 0 31 Jan 2023 Common Stock 30,000 Direct F1, F5
transaction TPHS Restricted Stock Units Options Exercise $0 -66,666 -100% $0.000000* 0 31 Jan 2023 Common Stock 66,666 Direct F1, F6
transaction TPHS Restricted Stock Units Options Exercise $0 -66,667 -50% $0.000000 66,666 31 Jan 2023 Common Stock 66,667 Direct F1, F7
transaction TPHS Restricted Stock Units Options Exercise $0 -73,333 -33% $0.000000 146,667 31 Jan 2023 Common Stock 73,333 Direct F1, F8
* 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 December 31, 2014, the reporting person was granted 363,095 RSUs, subject to vesting and settlement as described in the reporting person's Form 4 filed on January 15, 2015. The settlement of 41,667 RSUs occurred on January 31, 2023.
F3 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 31, 2023.
F4 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 20,687 RSUs occurred on January 31, 2023.
F5 On December 31, 2019, 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, 2020. The settlement of these RSUs occurred on January 31, 2023.
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 66,666 RSUs occurred on January 31, 2023.
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 31, 2023.
F8 On January 3, 2022, the reporting person was granted 220,000 RSUs, subject to vesting and settlement as described in the reporting person's Form 4 filed on January 4, 2022. The settlement of 73,333 RSUs occurred on January 31, 2023.