Daniel J. Crowley - Apr 27, 2022 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
Apr 27, 2022
Transactions value $
-$265,853
Form type
4
Date filed
4/29/2022, 04:57 PM
Previous filing
Apr 5, 2022
Next filing
May 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Options Exercise $0 +25.9K +4.37% $0.00 619K Apr 27, 2022 Direct F1
transaction TGI Common Stock Tax liability -$266K -11.3K -1.83% $23.45 608K Apr 27, 2022 Direct F2

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 -25.9K -33.33% $0.00 51.9K Apr 27, 2022 Common Stock 25.9K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
F2 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.
F3 Forfeiture restrictions will lapse on the remaining restricted stock units by one half each on April 27, 2023 and April 27, 2024. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.