Matthew Messinger - Apr 11, 2023 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
Stock symbol
TPHS
Transactions as of
Apr 11, 2023
Transactions value $
-$10,953
Form type
4
Date filed
4/12/2023, 04:15 PM
Previous filing
Apr 10, 2023
Next filing
Apr 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPHS Common Stock Options Exercise +41.7K +2.06% 2.06M Apr 11, 2023 Direct F1
transaction TPHS Common Stock Tax liability -$8.77K -20.4K -0.99% $0.43 2.04M Apr 11, 2023 Direct
transaction TPHS Common Stock Options Exercise +10.3K +0.51% 2.05M Apr 11, 2023 Direct F1
transaction TPHS Common Stock Tax liability -$2.18K -5.07K -0.25% $0.43 2.05M Apr 11, 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 -41.7K -100% $0.00* 0 Apr 11, 2023 Common Stock 41.7K Direct F1, F2
transaction TPHS Restricted Stock Units Options Exercise $0 -10.3K -50% $0.00 10.3K Apr 11, 2023 Common Stock 10.3K Direct F1, F3
* 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 April 27, 2015, the reporting person was granted 363,095 RSUs, subject to vesting and settlement as described in the reporting person's Form 4 filed on April 29, 2015. The settlement of 41,667 RSUs occurred on April 11, 2023.
F3 On January 28, 2016, the reporting person was granted 541,074 RSUs, subject to vesting and settlement as described in the reporting person's Form 4 filed on February 1, 2016. The settlement of 10,348 RSUs occurred on April 11, 2023.