Daniel J. Crowley - Jun 21, 2021 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Signature
Jennifer H. Allen, POA for Daniel J. Crowley
Stock symbol
TGI
Transactions as of
Jun 21, 2021
Transactions value $
-$775,121
Form type
4
Date filed
6/23/2021, 10:17 AM
Previous filing
Jun 11, 2021
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Options Exercise $0 +83.3K +16.69% $0.00 583K Jun 21, 2021 Direct
transaction TGI Common Stock Tax liability -$775K -36.4K -6.25% $21.27 546K Jun 21, 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 Performance Share Award Options Exercise $0 -83.3K -50% $0.00 83.3K Jun 21, 2021 Common Stock 83.3K Direct F2
* 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 On June 21, 2021, 83,333 shares underlying the Performance Share Award vested after the Company achieved an average stock price of $20.04.