L. Peterson - Sep 1, 2023 Form 4 Insider Report for Trio Petroleum Corp. (TPET)

Role
Director
Signature
/s/ Michael L. Peterson
Stock symbol
TPET
Transactions as of
Sep 1, 2023
Transactions value $
$0
Form type
4
Date filed
9/6/2023, 04:14 PM
Previous filing
Aug 28, 2023
Next filing
Oct 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPET Common Stock Award +125K +208.33% 185K Sep 1, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Peterson was awarded 125,000 shares of restricted stock, pursuant to the Issuer's 2022 Equity Incentive Plan. All of the shares of restricted stock vest on February 29, 2024, subject to Mr. Peterson continuing to be a director to the Company on such date.
F2 The shares of restricted stock were awarded as a bonus in connection with Mr. Peterson's services as an independent director of the Issuer.