Arthur Halleran - Nov 9, 2021 Form 4 Insider Report for Trillion Energy International Inc. (TRLEF)

Role: President, Director
Signature: /s/ ARTHUR HALLERAN
Stock symbol: TRLEF
Transactions as of: Nov 9, 2021
Transactions value $: -$185,212
Form type: 4
Date filed: 11/15/2021, 08:26 PM
Previous filing: Aug 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TRLEF	Common Stock	Tax liability	$142K	+1.42M	+17.64%	$0.10	9.45M	Nov 10, 2021	Direct
transaction	TRLEF	Common Stock	Options Exercise	$50K	+500K	+5.29%	$0.10	9.95M	Nov 10, 2021	Direct
transaction	TRLEF	Common Stock	Options Exercise	$19.2K	+320K	+3.22%	$0.06^*	10.3M	Nov 10, 2021	Direct
transaction	TRLEF	Common Stock	Award	$42K	+300K	+2.92%	$0.14	10.6M	Nov 10, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TRLEF	Purchase Warrants	Options Exercise	-$227K	-947K	-21.45%	$0.24	3.47M	Sep 29, 2021	Common stock	947K	$0.24	Direct
transaction	TRLEF	Purchase Warrants	Options Exercise	-$142K	-1.42M	-40.87%	$0.10	2.05M	Nov 10, 2021	Common stock	1.42M	$0.10	Direct
transaction	TRLEF	Options	Options Exercise	-$50K	-500K	-24.39%	$0.10	1.55M	Nov 10, 2021	Common stock	500K	$0.10	Direct
transaction	TRLEF	Options	Other	-$19.2K	-320K	-20.65%	$0.06^*	1.23M	Nov 10, 2021	Common stock	320K	$0.06	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Conversion of Restricted Stock Units into Fully paid Common Shares of the Company each Restricted Stock Unit is a notional share of common shares of the issuer with a value of each Unit being equal to the Fair market value of a share of common stock at the time. J warrants expired on 09/29/2021 as out of the money.