Daniel J. Crowley - Jun 9, 2021 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Role
Chairman, President and CEO, Director
Signature
Jennifer H. Allen, POA for Daniel J. Crowley
Stock symbol
TGI
Transactions as of
Jun 9, 2021
Transactions value $
-$928,814
Form type
4
Date filed
6/11/2021, 11:23 AM
Previous filing
May 24, 2021
Next filing
Jun 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Options Exercise $0 +82.3K +18.57% $0.00 525K Jun 9, 2021 Direct
transaction TGI Common Stock Options Exercise $0 +17.9K +3.41% $0.00 543K Jun 9, 2021 Direct
transaction TGI Common Stock Tax liability -$929K -43.8K -8.06% $21.20 499K Jun 9, 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 -17.9K -100% $0.00* 0 Jun 9, 2021 Common Stock 17.9K Direct F2
transaction TGI Restricted Stock Units Options Exercise $0 -82.3K -33.33% $0.00 165K Jun 9, 2021 Common Stock 82.3K 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.