Lance R. Turner - 09 Jun 2021 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
11 Jun 2021, 11:27:01 UTC
Prior SEC filing
24 May 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Jennifer H. Allen, POA for Lance R. Turner

Key filing fact

Lance R. Turner filed Form 4 for TRIUMPH GROUP INC (TGI) on 11 Jun 2021.

Key facts

  • This page summarizes Lance R. Turner's Form 4 filing for TRIUMPH GROUP INC (TGI).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 11 Jun 2021, 11:27.

Change

  • Previous filing in this sequence was filed on 24 May 2021.
  • Current net transaction value: -$47,340.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TGI transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,403
Change %
+12%
Price
$0.000000
Shares after
13,075
Date
09 Jun 2021
Ownership
Direct
TGI transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+6,723
Change %
+51%
Price
$0.000000
Shares after
19,798
Date
09 Jun 2021
Ownership
Direct
TGI transaction

Common Stock

Tax liability

Transaction value
$47,340
Shares
-2,233
Change %
-11%
Price
$21.20
Shares after
17,565
Date
09 Jun 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TGI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,403
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,403
Exercise price
Footnotes
F2
TGI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-6,723
Change %
-33%
Price
$0.000000
Shares after
13,447
Date
09 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,723
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

This transaction represents the payment of a tax liability on the lapse of forfeiture restrictions on a derivative security and acquisition of the underlying shares.

Footnote F2

Each restricted stock unit represents the right to receive one share of the Registrant's common stock.

Footnote F3

Forfeiture restrictions will lapse on the remaining restricted stock units by one half each on June 9, 2022 and June 9, 2023. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.

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