Key facts
- This page summarizes Michael L. Peterson's Form 4 filing for Trio Petroleum Corp. (TPET).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 30 Oct 2023, 16:05.
Michael L. Peterson - 23 Oct 2023 Form 4 Insider Report for Trio Petroleum Corp. (TPET)
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- TPET
- Reported as of
- 23 Oct 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 30 Oct 2023, 16:05:16 UTC
- Prior SEC filing
- 06 Sep 2023
- Next SEC filing
- 20 Feb 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michael L. Peterson
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael L. Peterson filed Form 4 for Trio Petroleum Corp. (TPET) on 30 Oct 2023.
Change
- Previous filing in this sequence was filed on 06 Sep 2023.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
TPET
transaction
Common Stock
Award
- Transaction value
- Shares
- +1,000,000
- Change %
- +541%
- Price
- Shares after
- 1,185,000
- Date
- 23 Oct 2023
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Mr. Peterson was awarded 1,000,000 shares of restricted stock (the "Stock Grant"), pursuant to the Issuer's 2022 Equity Incentive Plan (the "2022 Plan"), under the terms of an employment agreement entered into between the Issuer and Mr. Peterson, who became the Issuer's Chief Executive Officer, effective as of October 23, 2023. The Stock Grant has a vesting schedule in which the first 250,000 shares of restricted stock will vest on April 23, 2024, and the remainder shall vest in equal tranches of 250,000 shares each on October 23, 2024, April 23, 2025 and October 23, 2025, subject to Mr. Peterson's remaining in Continuous Service (as such term is defined under the 2022 Plan) with the Company as of each of those dates.
Footnote F2
The shares of restricted stock were awarded as a bonus under Mr. Peterson's employment agreement in connection with his services as the Chief Executive Officer of the Issuer.