Kyle Brown - Sep 13, 2024 Form 4 Insider Report for Trinity Capital Inc. (TRIN)

Role
CEO, President and CIO, Director
Signature
/s/ Sarah Stanton, on behalf of Kyle Brown
Stock symbol
TRIN
Transactions as of
Sep 13, 2024
Transactions value $
-$252,031
Form type
4
Date filed
9/18/2024, 06:22 PM
Previous filing
Aug 13, 2024
Next filing
Nov 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRIN Common Stock Tax liability -$252K -18K -1.85% $13.98 957K Sep 13, 2024 Direct F1, F2, F3
holding TRIN Common Stock 51.8K Sep 13, 2024 By The Kyle and Amy Brown Family Trust, dated February 4, 2019
holding TRIN Common Stock 10.8K Sep 13, 2024 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 September 13, 2024. 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) 202,703 shares issued under the 2019 Trinity Capital Inc. Long Term Incentive Plan (the "LTIP") on March 15, 2024, which shares vest 25% on March 15, 2025, with the remaining 75% of such shares vesting pro rata over the twelve full calendar quarters immediately following March 15, 2025; (2) 208,092 shares issued under the LTIP on March 15, 2023, which shares vested 25% on March 15, 2024, with the remaining 75% of such shares vesting pro rata over the twelve full calendar quarters immediately following March 15, 2024; (3) 208,092 issued under the LTIP on March 15, 2022, which shares vested 25% on March 15, 2023, with the remaining 75% of such shares vesting pro rata over the twelve full calendar quarters following March 15, 2023; and (4) 204,793 shares issued under the LTIP on September 15, 2021, which shares began vesting quarterly 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.