Matthew Messinger - 11 Apr 2023 Form 4 Insider Report for Trinity Place Holdings Inc. (TPHS)

Role
President and CEO, Director
Signature
/s/ Richard Pyontek, as Attorney-in Fact for Matthew Messinger
Issuer symbol
TPHS
Transactions as of
11 Apr 2023
Net transactions value
-$10,953
Form type
4
Filing time
12 Apr 2023, 16:15:27 UTC
Previous filing
10 Apr 2023
Next filing
14 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPHS Common Stock Options Exercise +41,667 +2.1% 2,063,367 11 Apr 2023 Direct F1
transaction TPHS Common Stock Tax liability $8,774 -20,404 -0.99% $0.4300 2,042,963 11 Apr 2023 Direct
transaction TPHS Common Stock Options Exercise +10,348 +0.51% 2,053,311 11 Apr 2023 Direct F1
transaction TPHS Common Stock Tax liability $2,179 -5,067 -0.25% $0.4300 2,048,244 11 Apr 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TPHS Restricted Stock Units Options Exercise $0 -41,667 -100% $0.000000* 0 11 Apr 2023 Common Stock 41,667 Direct F1, F2
transaction TPHS Restricted Stock Units Options Exercise $0 -10,348 -50% $0.000000 10,348 11 Apr 2023 Common Stock 10,348 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") converts into one share of common stock of Trinity Place Holdings Inc.
F2 On April 27, 2015, the reporting person was granted 363,095 RSUs, subject to vesting and settlement as described in the reporting person's Form 4 filed on April 29, 2015. The settlement of 41,667 RSUs occurred on April 11, 2023.
F3 On January 28, 2016, the reporting person was granted 541,074 RSUs, subject to vesting and settlement as described in the reporting person's Form 4 filed on February 1, 2016. The settlement of 10,348 RSUs occurred on April 11, 2023.