Daniel J. Crowley - Apr 28, 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 28, 2022
Transactions value $
-$426,805
Form type
4
Date filed
5/2/2022, 07:47 PM
Previous filing
Apr 29, 2022
Next filing
May 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Options Exercise $0 +41K +6.75% $0.00 649K Apr 28, 2022 Direct
transaction TGI Common Stock Tax liability -$427K -17.9K -2.76% $23.80 631K Apr 28, 2022 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-based Restricted Stock Units Options Exercise $0 -41K -100% $0.00* 0 Apr 28, 2022 Common Stock 0 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 Common Stock earned by the Reporting Person from a performance-based restricted stock units award granted in Fiscal Year 2020 (the "PSU Award") due to the achievement of certain performance goals, as determined by The Human Capital and Compensation Committee of the Issuer. The forfeiture restrictions for the underlying restricted stock units of the PSU Award lapsed on April 28, 2022.