Steve Rowlee - Apr 17, 2023 Form 3 Insider Report for Trio Petroleum Corp. (TPET)

Role
Chief Operating Officer
Signature
/s/ Steve Rowlee
Stock symbol
TPET
Transactions as of
Apr 17, 2023
Transactions value $
$0
Form type
3
Date filed
4/17/2023, 09:18 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TPET Common Stock 500K Apr 17, 2023 Direct F1
holding TPET Common Stock 150K Apr 17, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 500,000 shares held by the DLASY Trust, a trust for which Mr. Rowlee holds investment and voting control over. The address of the DLASY Trust is 13601 Powder River Avenue, Bakersfield, CA 93314. Mr. Rowlee disclaims beneficial ownership of the shares held by DLASY Trust reported herein, except to the extent of his pecuniary interest therein.
F2 Pursuant to the terms of the Issuer's 2022 Equity Incentive Plan, Mr. Rowlee was granted 150,000 Restricted Stock Units ("RSUs"), which shall vest into common stock of the Company in accordance with the following schedule, subject to Mr. Rowlee's continuous service with the Issuer: tranches of 37,500 shares every 6 months beginning on October 17, 2023.