Matthew Messinger - 30 Jan 2024 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: 30 Jan 2024
Net transactions value: -$24,886
Form type: 4
Filing time: 01 Feb 2024, 16:15:21 UTC
Previous filing: 03 Jan 2024
Next filing: 30 Aug 2024
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%		2,091,325	30 Jan 2024	Direct	F1
transaction	TPHS	Common Stock	Tax liability	$3,908	-22,987	-1.1%	$0.1700	2,068,338	30 Jan 2024	Direct
transaction	TPHS	Common Stock	Options Exercise		+10,348	+0.5%		2,078,686	30 Jan 2024	Direct	F1
transaction	TPHS	Common Stock	Tax liability	$970	-5,708	-0.27%	$0.1700	2,072,978	30 Jan 2024	Direct
transaction	TPHS	Common Stock	Options Exercise		+66,667	+3.2%		2,139,645	30 Jan 2024	Direct	F1
transaction	TPHS	Common Stock	Tax liability	$6,253	-36,780	-1.7%	$0.1700	2,102,865	30 Jan 2024	Direct
transaction	TPHS	Common Stock	Options Exercise		+73,333	+3.5%		2,176,198	30 Jan 2024	Direct	F1
transaction	TPHS	Common Stock	Tax liability	$6,878	-40,457	-1.9%	$0.1700	2,135,741	30 Jan 2024	Direct
transaction	TPHS	Common Stock	Options Exercise		+73,333	+3.4%		2,209,074	30 Jan 2024	Direct	F1
transaction	TPHS	Common Stock	Tax liability	$6,878	-40,457	-1.8%	$0.1700	2,168,617	30 Jan 2024	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	-100%	$0.000000^*	0	30 Jan 2024	Common Stock	41,667		Direct	F1, F2
transaction	TPHS	Restricted Stock Units	Options Exercise	$0	-10,348	-100%	$0.000000^*	0	30 Jan 2024	Common Stock	10,348		Direct	F1, F3
transaction	TPHS	Restricted Stock Units	Options Exercise	$0	-66,666	-100%	$0.000000^*	0	30 Jan 2024	Common Stock	66,666		Direct	F1, F4
transaction	TPHS	Restricted Stock Units	Options Exercise	$0	-73,333	-50%	$0.000000	73,334	30 Jan 2024	Common Stock	73,333		Direct	F1, F5
transaction	TPHS	Restricted Stock Units	Options Exercise	$0	-73,333	-33%	$0.000000	146,667	30 Jan 2024	Common Stock	73,333		Direct	F1, F6

* 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 30, 2024.
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 30, 2024.
F4	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 30, 2024.
F5	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 30, 2024.
F6	On January 3, 2023, 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 5, 2023. The settlement of 73,333 RSUs occurred on January 30, 2024.