Company: TPET
Filing Date: 2025-01-17
Form Type: 10-K
Source: 0001493152-25-002760
Chunk: 1837

Company: Trio Petroleum Corp.
Filing Date: 2025-01-17
Form: 10-K
Item: Item 9
Chunk 1837
---
 upon Mr. Eschner’s termination.

Outstanding
Equity Awards at Year-End

The
following table provides information on outstanding equity awards as of October 31, 2024 to our NEOs.

    Equity  
    Equity Incentive 

    incentive
    plan  
    Plan awards: 

    awards:  
    Market or 

    Number of  
    payout value
    of 

    Number of  
    Market value
    of  
    unearned shares,  
    unearned shares, 

    shares or
    units of  
    shares or
    units of  
    units or other  
    units or other 

    stock that
    have  
    stock that
    have  
    rights that
    have  
    rights that
    have 
  
    Name 
    not
    vested  
    not
    vested  
    not
    vested  
    not
    vested 
  
    Robin Ross (1) 
     -  
     -  
     150,000  
    $557,850 
  
    Michael Peterson (2) 
     -  
     -  
     50,000  
    $166,000 
  
    Greg Overholtzer (3) 
     -  
     -  
     10,000  
    $31,300 
  
    Stanford Eschner (4) 
     -  
     -  
     1,875  
    $66,770 
  
    Steven Rowlee (5) 
     -  
     -  
     1,875  
    $66,770 
  
    Terrence Eschner (6) 
     -  
     -  
     1,875  
    $66,770 

    (1)
    Mr. Ross was granted awards of 50,000 RSUs and 100,000 shares of restricted stock, which are all subject to Continuous Service and have vesting schedules in which 25% of the shares of restricted stock will vest six months after the effective date of the award, and the remainder shall vest in equal tranches every three months thereinafter until either the shares of restricted stock are fully vested or Mr. Ross’ Continuous Service with the Company terminates, whichever occurs first. As of October 31