Kai W. Kasiguran - Sep 1, 2023 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Signature
Jennifer H. Allen, POA for Kai W. Kasiguran
Stock symbol
TGI
Transactions as of
Sep 1, 2023
Transactions value $
-$1,425
Form type
4
Date filed
9/5/2023, 04:37 PM
Previous filing
Jun 15, 2023
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Options Exercise $0 +546 +89.8% $0.00 1.15K Sep 1, 2023 Direct
transaction TGI Common Stock Tax liability -$1.43K -150 -13% $9.50 1K Sep 1, 2023 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 -546 -49.91% $0.00 548 Sep 1, 2023 Common Stock 546 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover a tax liability in connection with the vesting and settlement of the restricted stock units described herein.
F2 Each restricted stock unit represents the right to receive one share of the Company's common stock.
F3 The remaining restricted stock unit 548 vests on September 1, 2024. Earlier lapse of forfeiture events set forth in the Company's severance plans apply to this award.