Filing Details

Accession Number:
0001181431-13-015980
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-11 16:15:05
Reporting Period:
2013-03-08
Filing Date:
2013-03-11
Accepted Time:
2013-03-11 16:15:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1281922 Triangle Petroleum Corp TPLM Crude Petroleum & Natural Gas (1311) 980430762
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1032659 A Kenneth Hersh 125 E. John Carpenter Freeway, Suite 600
Irving TX 75062
No No Yes No
1521229 Ngp Natural Resources X, L.p. 125 E. John Carpenter Freeway, Suite 600
Irving TX 75062
No No Yes No
1555496 G.f.w. Energy X, L.p. 125 E. John Carpenter Freeway, Suite 600
Irving TX 75062
Yes No Yes No
1555576 Gfw X, L.l.c. 125 E. John Carpenter Freeway, Suite 600
Irving TX 75062
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 Acquisiton 2013-03-08 9,300,000 $6.00 9,300,000 No 4 P Indirect See Remarks
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P 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 issuance of the NGP X Shares and the NGP Parallel Shares was approved by the Board of Directors of Triangle. Accordingly, the transaction reported on this Form 4 is exempt from Section 16(b) pursuant to Rule 16b-3(d)(1) under the Securities Exchange Act of 1934 (the "Exchange Act").