| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TPET | Common Stock | Award | +27.5K | +78.01% | 62.8K | Aug 15, 2024 | Direct | F1, F2 | ||
| transaction | TPET | Common Stock | Award | +100K | +159.36% | 163K | Nov 16, 2024 | Direct | F1, F3 |
| Id | Content |
|---|---|
| F1 | All share amounts reflect a reverse stock split of the common stock of the issuer effective November 14, 2024, at a ratio of 1 share of common stock for each 20 shares of common stock then outstanding. |
| F2 | Represents 27,500 restricted stock units ("RSUs") of the issuer with each RSU representing a contingent right to receive one share of common stock of the issuer under its 2022 Equity Incentive Plan (the "2022 Plan"). Mr. Ross received the 27,500 RSUs on August 15, 2024. The RSUs will vest as follows: 6,875 RSUs (25%) will vest on December 19, 2024, and the remaining 20,625 RSUs (75%) will vest quarterly thereafter for an additional 6,875 RSUs on each of March 19, 2025, June 19, 2025, and September 19, 2025, subject to Mr. Ross's continued service to the issuer on each applicable vesting date. |
| F3 | Represents 100,000 shares of restricted stock of the issuer awarded to Mr. Ross under the 2022 Plan. The 100,000 shares of restricted stock will vest as follow: 25,000 shares of restricted stock (25%) will vest on January 9, 2025 (which is six months after the date of award), and the remaining 75,000 shares of restricted stock will vest quarterly thereafter for an additional 25,000 RSUs on each of April 9, 2025, July 9, 2025 and October 9, 2025, subject to Mr. Ross's continued service to the issuer on each applicable vesting date. |