Filing Details

Accession Number:
0000899243-16-025313
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-07-19 16:30:35
Reporting Period:
2016-07-13
Filing Date:
2016-07-19
Accepted Time:
2016-07-19 16:30:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1281922 Triangle Petroleum Corp TPLM () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1032659 A Kenneth Hersh 5221 N. O'Connor Blvd., Suite 1100
Irving TX 75039
No No Yes No
1521229 Ngp Natural Resources X, L.p. 5221 N. O'Connor Blvd., Suite 1100
Irving TX 75039
No No Yes No
1555496 G.f.w. Energy X, L.p. 5221 N. O'Connor Blvd., Suite 1100
Irving TX 75039
Yes No Yes No
1555576 Gfw X, L.l.c. 5221 N. O'Connor Blvd., Suite 1100
Irving TX 75039
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-07-13 92,200 $0.24 3,445,365 No 4 S Indirect See Remarks
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Remarks
Footnotes
  1. Pursuant to a Stock Purchase Agreement (the "Stock Purchase Agreement"), dated March 2, 2013, between Triangle Petroleum Corporation ("Triangle") and NGP Triangle Holdings, LLC ("NGP Triangle"), Triangle issued and sold a total of 9,300,000 shares of common stock of Triangle ("Common Stock") at a price of $6.00 per share as follows: 8,118,407 shares (the "NGP X Shares") of Common Stock to NGP Natural Resources X, L.P. ("NGP X") and 1,181,593 shares of Common Stock (the "NGP Parallel Shares") to NGP Natural Resources X Parallel Fund, L.P. ("NGP Parallel").
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.2325 to $0.2688, inclusive. The reporting person undertakes to provide to Triangle Petroleum Corporation, any security holder of Triangle Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.