Kyle Brown - Sep 15, 2023 Form 4 Insider Report for Trinity Capital Inc. (TRIN)

Role
President and CIO, Director
Signature
/s/ Sarah Stanton, on behalf of Kyle Brown
Stock symbol
TRIN
Transactions as of
Sep 15, 2023
Transactions value $
-$186,006
Form type
4
Date filed
9/19/2023, 04:45 PM
Previous filing
Aug 7, 2023
Next filing
Nov 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRIN Common Stock Tax liability -$186K -12.6K -1.5% $14.78 828K Sep 15, 2023 Direct F1, F2, F3
holding TRIN Common Stock 51.8K Sep 15, 2023 By The Kyle and Amy Brown Family Trust, dated February 4, 2019
holding TRIN Common Stock 10.8K Sep 15, 2023 By KBIZ Corp., which Mr. K. Brown solely owns and controls F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy the reporting person's tax obligations in connection with vesting of restricted shares on September 15, 2023. Transaction exempt from Section 16(b) pursuant to Rule 16b-3.
F2 Includes shares acquired pursuant to Trinity Capital Inc.'s distribution reinvestment plan.
F3 Includes (1) 208,092 restricted shares issued under the 2019 Trinity Capital Inc. Long Term Incentive Plan, 25% of which restricted shares shall vest on March 15, 2024, and the remaining 75% of which shares shall vest pro rata over the twelve full calendar quarters immediately following March 15, 2024; (2) 156,069 restricted shares issued under the 2019 Trinity Capital Inc. Long Term Incentive Plan, which shares began quarterly vesting pro rata over the twelve full calendar quarters immediately following March 15, 2023; and (3) 204,793 restricted shares issued under the 2019 Trinity Capital Inc. Long Term Incentive Plan, which shares began quarterly vesting pro rata over the twelve full calendar quarters immediately following September 15, 2021.

Remarks:

Sarah Stanton is signing on behalf of Mr. K. Brown pursuant to the power of attorney dated September 17, 2021, which was previously filed with the Securities and Exchange Commission as an exhibit to the Form 4 Mr. K. Brown filed on September 17, 2021.