X0303 4 2009-10-14 0 0001281922 Triangle Petroleum Corp TPLM 0001316580 Luxor Capital Group, LP 767 FIFTH AVENUE 19TH FLOOR NEW YORK NY 10153 0 0 1 0 0001356913 LUXOR CAPITAL PARTNERS OFFSHORE LTD C/O M&C CORPORATE SVCS LTD PO BOX 309 GT UGLAND HOUSE GEORGE TOWN E9 00000 CAYMAN ISLANDS 0 0 1 0 0001393021 Luxor Capital Partners, LP 767 FIFTH AVENUE, 19TH FLOOR NEW YORK NY 10153 0 0 1 0 0001434201 LUXOR SPECTRUM LLC 767 FIFTH AVENUE 19TH FLOOR NEW YORK NY 10153 0 0 1 0 0001434200 LUXOR SPECTRUM OFFSHORE LTD C/O MAPLES CORPORATE SERVICES LTD P.O. BOX 309 GT GEORGE TOWN E9 KY1-1104 CAYMAN ISLANDS 0 0 1 0 Common Stock 2009-10-14 4 S 0 237991 0.1402 D 1649768 D Common Stock 2009-10-14 4 J 0 133263 D 99648 I See Common Stock 2009-10-16 4 S 0 27000 0.14 D 1622768 D Warrants 2009-10-14 4 J 0 66632 D 2010-05-30 Common Stock 66632 0 I See Reflects the securities of the issuer owned directly by Luxor Capital Partners, LP (the "Onshore Fund"). The Onshore Fund also owns warrants exercisable for an additional 534,183 shares of common stock ("Shares"). Due to corporate reorganizations effective as of January 2, 2009, LCG Select, LLC (the "Select Onshore Fund") became a subsidiary of the Onshore Fund and LCG Select Offshore, Ltd. (the "Select Offshore Fund") became a subsidiary of Luxor Capital Partners Offshore, Ltd. (the "Offshore Fund"). The Shares and warrants previously reported by the Select Onshore Fund and the Select Offshore Fund are now included in the Onshore Fund's and Offshore Fund's holdings. The investment management agreement between Luxor Capital Group, LP ("Luxor Capital Group") and one of the accounts it separately manages (the "Separately Managed Accounts") was terminated, and therefore, Luxor Capital Group no longer has any interest in 133,263 Shares and warrants exercisable for an additional 66,632 Shares that it previously reported with respect to such account Reflects the securities of the issuer held in Separately Managed Accounts by Luxor Capital Group. Luxor Capital Group acts as the investment manager of the Onshore Fund, the Offshore Fund, Luxor Spectrum, LLC (the "Spectrum Onshore Fund"), Luxor Spectrum Offshore, Ltd. (the "Spectrum Offshore Fund") (collectively, the "Luxor Funds") and the Separately Managed Accounts. Luxor Management, LLC ("Luxor Management") is the general partner of Luxor Capital Group. Mr. Leone is the managing member of Luxor Management. LCG Holdings, LLC ("LCG Holdings") is the general partner of the Onshore Fund and the managing member of the Spectrum Onshore Fund. Mr. Leone is the managing member of LCG Holdings. After the transactions reported herein and taking into account the reorganizations described above, the Offshore Fund directly owns 4,094,824 Shares and warrants exercisable for an additional 1,158,916 Shares. The Spectrum Onshore Fund directly owns 1,460 Shares and warrants exercisable for an additional 730 Shares. The Spectrum Offshore Fund directly owns 51,080 Shares and warrants exercisable for an additional 25,540 Shares. The Separately Managed Accounts hold 99,648 Shares. Luxor Capital Group, Luxor Management and Mr. Leone may each be deemed to indirectly beneficially own the Shares held by the Luxor Funds and the Separately Managed Accounts. LCG Holdings may be deemed to indirectly beneficially own the Shares held by the Onshore Fund and the Spectrum Onshore Fund. For purposes of this Form 4, Luxor Capital Group, Luxor Management, LCG Holdings and Mr. Leone each disclaims ownership of the Shares owned by the Luxor Funds and the Separately Managed Accounts, except to the extent of their pecuniary interest therein. These warrants were acquired on May 28, 2008 and were immediately exercisable. The exercise price of the warrants is $2.25. Norris Nissim, as General Counsel for Luxor Management, LLC, as General Partner for Luxor Capital Group, LP 2009-10-14