0001493152-23-038667.txt : 20231030
0001493152-23-038667.hdr.sgml : 20231030
20231030160516
ACCESSION NUMBER: 0001493152-23-038667
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231023
FILED AS OF DATE: 20231030
DATE AS OF CHANGE: 20231030
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PETERSON MICHAEL L
CENTRAL INDEX KEY: 0001293970
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41643
FILM NUMBER: 231360201
MAIL ADDRESS:
STREET 1: 17 CANARY COURT
CITY: DANVILLE
STATE: CA
ZIP: 94526
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Trio Petroleum Corp.
CENTRAL INDEX KEY: 0001898766
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 871968201
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1031
BUSINESS ADDRESS:
STREET 1: 5401 BUSINESS PARK, SUITE 115
CITY: BAKERSFIELD
STATE: CA
ZIP: 93309
BUSINESS PHONE: (44)7581-192-515
MAIL ADDRESS:
STREET 1: 5401 BUSINESS PARK, SUITE 115
CITY: BAKERSFIELD
STATE: CA
ZIP: 93309
4
1
ownership.xml
X0508
4
2023-10-23
0
0001898766
Trio Petroleum Corp.
TPET
0001293970
PETERSON MICHAEL L
5401 BUSINESS PARK, SUITE 115
BAKERSFIELD
CA
93309
1
1
0
0
Chief Executive Officer
0
Common Stock
2023-10-23
4
A
0
1000000
A
1185000
D
Mr. Peterson was awarded 1,000,000 shares of restricted stock (the "Stock Grant"), pursuant to the Issuer's 2022 Equity Incentive Plan (the "2022 Plan"), under the terms of an employment agreement entered into between the Issuer and Mr. Peterson, who became the Issuer's Chief Executive Officer, effective as of October 23, 2023. The Stock Grant has a vesting schedule in which the first 250,000 shares of restricted stock will vest on April 23, 2024, and the remainder shall vest in equal tranches of 250,000 shares each on October 23, 2024, April 23, 2025 and October 23, 2025, subject to Mr. Peterson's remaining in Continuous Service (as such term is defined under the 2022 Plan) with the Company as of each of those dates.
The shares of restricted stock were awarded as a bonus under Mr. Peterson's employment agreement in connection with his services as the Chief Executive Officer of the Issuer.
/s/ Michael L. Peterson
2023-10-30