Jennifer H. Allen - Apr 27, 2022 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Role
Chief Administrative Officer
Signature
Jennifer H. Allen
Stock symbol
TGI
Transactions as of
Apr 27, 2022
Transactions value $
-$46,853
Form type
4
Date filed
4/29/2022, 05:01 PM
Previous filing
Nov 15, 2021
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 +7.27K +51.49% $0.00 21.4K Apr 27, 2022 Direct F1
transaction TGI Common Stock Tax liability -$46.9K -2K -9.34% $23.45 19.4K 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 -7.27K -33.33% $0.00 14.5K Apr 27, 2022 Common Stock 7.27K 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 for 7,268 restricted stock units on April 27, 2023 and 7,271 restricted stock units on April 27, 2024. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.