Jennifer H. Allen - 09 Jun 2021 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Role
SVP, Gen Counsel and Secretary
Signature
James F. McCabe, Jr., POA for Jennifer H. Allen
Issuer symbol
TGI
Transactions as of
09 Jun 2021
Net transactions value
-$58,448
Form type
4
Filing time
11 Jun 2021, 11:22:15 UTC
Previous filing
24 May 2021
Next filing
15 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Options Exercise $0 +10,032 +172% $0.000000 15,869 09 Jun 2021 Direct
transaction TGI Common Stock Tax liability $58,448 -2,757 -17% $21.20 13,112 09 Jun 2021 Direct F1

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 TGI Restricted Stock Units Options Exercise $0 -10,032 -33% $0.000000 20,064 09 Jun 2021 Common Stock 10,032 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the payment of a tax liability on the lapse of forfeiture restrictions on a derivative security and acquisition of the underlying shares.
F2 Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
F3 Forfeiture restrictions will lapse on the remaining restricted stock units by one half each on June 9, 2022 and June 9, 2023. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.