William C. Kircher - 08 Jun 2022 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Role
EVP, Customer Solutions & Sup
Signature
Jennifer H. Allen, POA for William C. Kircher
Issuer symbol
TGI
Transactions as of
08 Jun 2022
Net transactions value
-$54,963
Form type
4
Filing time
10 Jun 2022, 13:58:33 UTC
Previous filing
24 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Options Exercise $0 +10,249 +57% $0.000000 28,229 08 Jun 2022 Direct
transaction TGI Common Stock Tax liability $37,565 -2,496 -8.8% $15.05 25,733 08 Jun 2022 Direct F1
transaction TGI Common Stock Options Exercise $0 +4,748 +18% $0.000000 30,481 08 Jun 2022 Direct
transaction TGI Common Stock Tax liability $17,398 -1,156 -3.8% $15.05 29,325 08 Jun 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 Restricted Stock Units Options Exercise $0 -10,249 -100% $0.000000* 0 08 Jun 2022 Common Stock 10,249 Direct F2, F3
transaction TGI Restricted Stock Units Options Exercise $0 -4,748 -100% $0.000000* 0 08 Jun 2022 Common Stock 4,748 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

William C. Kircher is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 Represents the acceleration of a restricted stock award pursuant to the expiration of the revocation period set forth in the Severance Agreement executed May 31, 2022 (the "Severance Agreement"). The balance of the shares from the award were forfeited pursuant to the Severance Agreement.