Michael L. Peterson - 01 Sep 2023 Form 4 Insider Report for Trio Petroleum Corp. (TPET)

Role
Director
Signature
/s/ Michael L. Peterson
Issuer symbol
TPET
Transactions as of
01 Sep 2023
Net transactions value
$0
Form type
4
Filing time
06 Sep 2023, 16:14:14 UTC
Previous filing
28 Aug 2023
Next filing
30 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPET Common Stock Award +125,000 +208% 185,000 01 Sep 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.