John Hunter William - Dec 4, 2024 Form 4 Insider Report for Trio Petroleum Corp. (TPET)

Role: Director
Signature: /s/ William Hunter
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: Sep 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPET	Common Stock	Award		+12.5K	+80.65%		28K	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. William Hunter 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. Hunter on December 4, 2024. All of the 12,500 shares of restricted stock will vest on January 21, 2025, subject to Mr. Hunter's continued service to the issuer on the vesting date.

Content

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.

Represents 12,500 shares of restricted stock of the issuer awarded to Mr. William Hunter 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. Hunter on December 4, 2024. All of the 12,500 shares of restricted stock will vest on January 21, 2025, subject to Mr. Hunter's continued service to the issuer on the vesting date.