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

Role
President and CIO, Director
Signature
/s/ Sarah Stanton, on behalf of Kyle Brown
Issuer symbol
TRIN
Transactions as of
15 Dec 2023
Net transactions value
-$191,544
Form type
4
Filing time
19 Dec 2023, 12:48:57 UTC
Previous filing
08 Nov 2023
Next filing
18 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRIN Common Stock Tax liability $191,544 -12,585 -1.5% $15.22 818,123 15 Dec 2023 Direct F1, F2, F3
holding TRIN Common Stock 51,819 15 Dec 2023 By The Kyle and Amy Brown Family Trust, dated February 4, 2019
holding TRIN Common Stock 10,825 15 Dec 2023 By KBIZ Corp., which Mr. K. Brown solely owns and controls
* 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 December 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.