William C. Kircher - 27 Apr 2022 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Role
EVP, Triumph Sys and Support
Signature
Jennifer H. Allen, POA for William C. Kircher
Issuer symbol
TGI
Transactions as of
27 Apr 2022
Transactions value $
-$26,663
Form type
4
Filing time
29 Apr 2022, 16:54:43 UTC
Previous filing
11 Jun 2021
Next filing
02 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Options Exercise $0 +4,748 +45.4% $0 15,207 27 Apr 2022 Direct F1
transaction TGI Common Stock Tax liability -$26,662 -1,137 -7.48% $23.45 14,070 27 Apr 2022 Direct F2

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 TGI Restricted Stock Units Options Exercise $0 -4,748 -33.33% $0 9,497 27 Apr 2022 Common Stock 4,748 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 represents the right to receive one share of the Registrant's common stock.
F2 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.
F3 Forfeiture restrictions will lapse for 4,748 restricted stock units on April 27, 2023 and 4,749 restricted stock units on April 27, 2024. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.