James Blake - Dec 4, 2024 Form 4 Insider Report for Trio Petroleum Corp. (TPET)

Role
Director
Signature
/s/ James Blake
Stock symbol
TPET
Transactions as of
Dec 4, 2024
Transactions value $
$0
Form type
4
Date filed
12/4/2024, 07:04 PM
Previous filing
Nov 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPET Common Stock Award +12.5K 12.5K Dec 4, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 12,500 shares of restricted stock of the issuer awarded to Mr. James Blake under the 2022 Equity Incentive Plan (the "2022 Plan"). The board of directors (the "Board") approved an award under the 2022 Plan of 12,500 shares of restricted stock as compensation. The 12,500 shares of restricted stock were issued to Mr. Blake on December 4, 2024. All of the 12,500 shares of restricted stock will vest on April 21, 2025, subject to Mr. Blake's continued service to the issuer on the vesting date.