Kyle Brown - Mar 9, 2023 Form 4 Insider Report for Trinity Capital Inc. (TRIN)

Role
President & CIO, Director
Signature
/s/ Sarah Stanton, on behalf of Kyle Brown
Stock symbol
TRIN
Transactions as of
Mar 9, 2023
Transactions value $
$49,987
Form type
4
Date filed
3/13/2023, 02:01 PM
Previous filing
Dec 13, 2022
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRIN Common Stock Purchase $50K +3.65K +8.58% $13.71 46.1K Mar 9, 2023 By The Kyle and Amy Brown Family Trust, dated February 4, 2019 F1
holding TRIN Common Stock 661K Mar 9, 2023 Direct F2, F3
holding TRIN Common Stock 10.8K Mar 9, 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 The price reported in Column 4 is a weighted-average price, rounded to the nearest hundredth. These shares were purchased in multiple transactions at prices ranging from $13.67 to $13.72 per share, inclusive. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, Trinity Capital Inc. (the "Company"), or a security holder of the Company full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 Includes 208,092 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.
F3 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.

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.