Form 4 for TRIN Trinity Capital Inc.
Accepted 2025-03-18 00:00:00 ET · period of report 2025-03-14 · accession 0001013762-25-000705 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-18 | 2025-03-14 | TRIN | Stanton Sarah | GC, CCO, Sec | F - Tax | $15.83 | -3,940 | 145.0K | -3% | -$62.4K |
| D | 2025-03-18 | 2025-03-14 | TRIN | Stanton Sarah | GC, CCO, Sec | A - Grant | $0.00 | +300.0K | 300.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-14 | F | D | 3,940 | $15.83 | 144,970 | D | — | — | |
| 2 | Derivative | Employee Stock Option (right to buy) | 2025-03-14 | A | A | 300,000 | $0.00 | 300,000 | D | $15.83 · — to 2035-03-13 | 300,000 Common Stock | (F2) If at any time on or prior to March 14, 2026 the volume weighted average trading price ("VWAP") per share of Trinity Capital Inc.'s common stock (the "Stock") on any established stock exchange or national market system for ninety (90) consecutive calendar days ending on the last trading day preceding the applicable day is equal to or greater than $23.75, then, provided that Ms. Stanton remains in the continuous employment of Trinity Capital Inc. through the applicable vesting date (subject to certain limited exceptions), the stock option will vest as follows: 25% on March 14, 2026 with the remaining 75% vesting pro rata over the twelve full calendar quarters immediately following March 14, 2026. For the avoidance of doubt, both the VWAP condition and the service condition must be satisfied for the stock option to vest in accordance with its terms. |