Daniel J. Crowley - Apr 27, 2023 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, 2023
Transactions value $
-$79,279
Form type
4
Date filed
5/1/2023, 06:11 PM
Previous filing
Mar 14, 2023
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Options Exercise $0 +25.9K +3.73% $0.00 721K Apr 27, 2023 Direct F1
transaction TGI Common Stock Tax liability -$79.3K -7.45K -1.03% $10.64 713K Apr 27, 2023 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 -50% $0.00 25.9K Apr 27, 2023 Common Stock 25.9K Direct F1, F3
transaction TGI Restricted Stock Units Award $0 +96.2K $0.00 96.2K Apr 27, 2023 Common Stock 96.2K $0.00 Direct F4
* 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 on April 27, 2024. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.
F4 Represents an award of restricted stock units with 1/3 of the award vesting on each of the first, second and third anniversaries of the date of grant. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.