Arthur Halleran - 09 Nov 2021 Form 4 Insider Report for Trillion Energy International Inc. (TRLEF)

Role: President, Director
Signature: /s/ ARTHUR HALLERAN
Issuer symbol: TRLEF
Transactions as of: 09 Nov 2021
Net transactions value: -$185,212
Form type: 4
Filing time: 15 Nov 2021, 20:26:10 UTC
Previous filing: 19 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TRLEF	Common Stock	Tax liability	$141,667	+1,416,667	+18%	$0.1000	9,447,768	10 Nov 2021	Direct
transaction	TRLEF	Common Stock	Options Exercise	$50,000	+500,000	+5.3%	$0.1000	9,947,768	10 Nov 2021	Direct
transaction	TRLEF	Common Stock	Options Exercise	$19,200	+320,000	+3.2%	$0.0600^*	10,267,768	10 Nov 2021	Direct
transaction	TRLEF	Common Stock	Award	$42,000	+300,000	+2.9%	$0.1400	10,567,768	10 Nov 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	$227,212	-946,717	-21%	$0.2400	3,466,667	29 Sep 2021	Common stock	946,717	$0.2400	Direct
transaction	TRLEF	Purchase Warrants	Options Exercise	$141,667	-1,416,667	-41%	$0.1000	2,050,000	10 Nov 2021	Common stock	1,416,667	$0.1000	Direct
transaction	TRLEF	Options	Options Exercise	$50,000	-500,000	-24%	$0.1000	1,550,000	10 Nov 2021	Common stock	500,000	$0.1000	Direct
transaction	TRLEF	Options	Other	$19,200	-320,000	-21%	$0.0600^*	1,230,000	10 Nov 2021	Common stock	320,000	$0.0600	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.