Daniel J. Crowley - 09 Jun 2022 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Signature
Jennifer H. Allen, POA for Daniel J. Crowley
Issuer symbol
TGI
Transactions as of
09 Jun 2022
Transactions value $
-$545,578
Form type
4
Filing time
13 Jun 2022, 15:21:00 UTC
Previous filing
24 May 2022
Next filing
15 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGI Common Stock Options Exercise $0 +82.3K +12.8% $0.00 725K 09 Jun 2022 Direct
transaction TGI Common Stock Tax liability -$546K -36K -4.96% $15.16 689K 09 Jun 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 Restricted Stock Units Options Exercise $0 -82.3K -50% $0.00 82.3K 09 Jun 2022 Common Stock 82.3K Direct F2, F3
* 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 Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
F3 Forfeiture restrictions will lapse on the remaining restricted stock units on June 9, 2023. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.