David Michael Lund - 15 Mar 2023 Form 4 Insider Report for Trinity Capital Inc. (TRIN)

Role
CFO, EVP - Finance & Treasurer
Signature
/s/ Sarah Stanton, on behalf of David Lund
Issuer symbol
TRIN
Transactions as of
15 Mar 2023
Net transactions value
-$32,099
Form type
4
Filing time
17 Mar 2023, 16:08:14 UTC
Previous filing
14 Feb 2023
Next filing
19 Sep 2023
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 $32,099 -2,498 -3.8% $12.85 62,875 15 Mar 2023 Direct F1, F2
transaction TRIN Common Stock Award $0 +48,560 +77% $0.000000 111,435 15 Mar 2023 Direct F2, F3
holding TRIN Common Stock 6,200 15 Mar 2023 By the David M Lund Rev Liv TR U/A DTD 11-14-13
* 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 March 15, 2023. Transaction exempt from Section 16(b) pursuant to Rule 16b-3.
F2 Includes 57,803 restricted shares issued under the 2019 Trinity Capital Inc. Long Term Incentive Plan. Such restricted shares began vesting pro rata over the eight full calendar quarters immediately following the award date of March 15, 2022.
F3 Restricted shares issued under the 2019 Trinity Capital Inc. Long Term Incentive Plan. Such restricted shares shall begin vesting pro rata over the eight full calendar quarters immediately following the award date of March 15, 2023.

Remarks:

Sarah Stanton is signing on behalf of Mr. Lund pursuant to the power of attorney dated August 25, 2021, which was previously filed with the Securities and Exchange Commission as an exhibit to the Form 4 Mr. Lund filed on August 25, 2021.