Form 4 for TPET Trio Petroleum Corp
Accepted 2024-07-03 00:00:00 ET · period of report 2024-06-19 · accession 0001493152-24-026230 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-07-03 | 2024-06-19 | TPET | Ross Robin A. | Dir | A - Grant | — | +450.0K | 705.0K | +176% | — |
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 | 2024-06-19 | A | A | 450,000 | — | 705,008 | D | — | — | (F1) Represents 450,000 restricted stock units ("RSUs") of the issuer with each RSU representing a contingent right to receive one share of Common Stock of the issuer under its 2022 Equity Incentive Plan, subject to Mr. Ross's continued service to the issuer on each applicable vesting date. On June 17, 2024, Mr. Ross was appointed to the board of directors of the issuer and received 450,000 RSUs on June 19, 2024 in connection with such appointment. The 450,000 RSUs will vest as follows, 112,500 RSUs (25%) will vest on December 19, 2024 (which is six months after the date the RSUs were awarded), and the remaining 337,500 RSUs (75%) will vest quarterly thereafter for an additional 84,375 RSUs on each of March 19, 2024, June 19, 2024, September 19, 2024 and December 19, 2024. |