Lance R. Turner - Jun 9, 2021 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Role
SVP, Human Resources
Signature
Jennifer H. Allen, POA for Lance R. Turner
Stock symbol
TGI
Transactions as of
Jun 9, 2021
Transactions value $
-$47,340
Form type
4
Date filed
6/11/2021, 11:27 AM
Previous filing
May 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Options Exercise $0 +1.4K +12.02% $0.00 13.1K Jun 9, 2021 Direct
transaction TGI Common Stock Options Exercise $0 +6.72K +51.42% $0.00 19.8K Jun 9, 2021 Direct
transaction TGI Common Stock Tax liability -$47.3K -2.23K -11.28% $21.20 17.6K 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 -1.4K -100% $0.00* 0 Jun 9, 2021 Common Stock 1.4K Direct F2
transaction TGI Restricted Stock Units Options Exercise $0 -6.72K -33.33% $0.00 13.4K Jun 9, 2021 Common Stock 6.72K 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.