Steve Louis Brown - Mar 15, 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
Stock symbol
TRIN
Transactions as of
Mar 15, 2022
Transactions value $
$0
Form type
4
Date filed
3/17/2022, 07:02 PM
Previous filing
Sep 17, 2021
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRIN Common Stock Award $0 +220K +103.55% $0.00 432K Mar 15, 2022 Direct F1, F2, F3
holding TRIN Common Stock 521K Mar 15, 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.