Daniel J. Crowley - 28 Apr 2022 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Role: Chairman, President and CEO, Director
Signature: Jennifer H. Allen, POA for Daniel J. Crowley
Issuer symbol: TGI
Transactions as of: 28 Apr 2022
Transactions value $: -$426,805
Form type: 4
Filing time: 02 May 2022, 19:47:46 UTC
Previous filing: 29 Apr 2022
Next filing: 24 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	+41K	+6.75%	$0.00	649K	28 Apr 2022	Direct
transaction	TGI	Common Stock	Tax liability	-$427K	-17.9K	-2.76%	$23.80	631K	28 Apr 2022	Direct	F1

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	Performance-based Restricted Stock Units	Options Exercise	$0	-41K	-100%	$0.00^*	0	28 Apr 2022	Common Stock	0		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.
F2	Common Stock earned by the Reporting Person from a performance-based restricted stock units award granted in Fiscal Year 2020 (the "PSU Award") due to the achievement of certain performance goals, as determined by The Human Capital and Compensation Committee of the Issuer. The forfeiture restrictions for the underlying restricted stock units of the PSU Award lapsed on April 28, 2022.