Daniel J. Crowley - 27 Apr 2023 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: 27 Apr 2023
Transactions value $: -$79,279
Form type: 4
Filing time: 01 May 2023, 18:11:48 UTC
Previous filing: 14 Mar 2023
Next filing: 04 May 2023
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	+25,926	+3.7%	$0	720,885	27 Apr 2023	Direct	F1
transaction	TGI	Common Stock	Tax liability	-$79,278	-7,451	-1%	$10.64	713,434	27 Apr 2023	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	-25,926	-50%	$0	25,926	27 Apr 2023	Common Stock	25,926		Direct	F1, F3
transaction	TGI	Restricted Stock Units	Award	$0	+96,217		$0	96,217	27 Apr 2023	Common Stock	96,217	$0	Direct	F4

* 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 on the remaining 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.
F4	Represents an award of restricted stock units with 1/3 of the award vesting on each of the first, second and third anniversaries of the date of grant. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.