Steve Louis Brown - 15 Mar 2022 Form 4 Insider Report for Trinity Capital Inc. (TRIN)

Role
Chairman and CEO, Director
Signature
/s/ Sarah Stanton, on behalf of Steven L. Brown
Issuer symbol
TRIN
Transactions as of
15 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 19:02:59 UTC
Previous filing
17 Sep 2021
Next filing
22 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRIN Common Stock Award $0 +219,653 +104% $0.000000 431,777 15 Mar 2022 Direct F1, F2, F3
holding TRIN Common Stock 521,460 15 Mar 2022 By The Steven and Patricia Brown Family Trust, dated March 19, 1998 F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares issued under the 2019 Trinity Capital Inc. Long Term Incentive Plan. 25% of such restricted shares shall vest on March 15, 2023, and the remaining 75% of such shares shall vest pro rata over the twelve full calendar quarters immediately following March 15, 2023.
F2 Includes 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 the award date of September 15, 2021.
F3 Includes shares acquired pursuant to the Company's distribution reinvestment plan.

Remarks:

Sarah Stanton is signing on behalf of Mr. S. Brown pursuant to the power of attorney dated June 2, 2021, which was previously filed with the Securities and Exchange Commission as an exhibit to the Form 4 Mr. S. Brown filed on June 2, 2021.