Michael Testa - Dec 13, 2024 Form 4 Insider Report for Trinity Capital Inc. (TRIN)

Signature
/s/ Michael Testa
Stock symbol
TRIN
Transactions as of
Dec 13, 2024
Transactions value $
-$10,629
Form type
4
Date filed
12/17/2024, 09:33 PM
Previous filing
Sep 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRIN Common Stock Tax liability -$10.6K -728 -1.1% $14.60 65.2K Dec 13, 2024 Direct F1, F2
* 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 December 13, 2024. Transaction exempt from Section 16(b) pursuant to Rule 16b-3.
F2 Includes (1) 40,541 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) 17,588 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) 5,780 shares 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) 4,550 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.