<SEC-DOCUMENT>0001213900-21-047975.txt : 20210914
<SEC-HEADER>0001213900-21-047975.hdr.sgml : 20210914
<ACCEPTANCE-DATETIME>20210914161049
ACCESSION NUMBER:		0001213900-21-047975
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		6
FILED AS OF DATE:		20210914
DATE AS OF CHANGE:		20210914
EFFECTIVENESS DATE:		20210914

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Trinity Capital Inc.
		CENTRAL INDEX KEY:			0001786108
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-259513
		FILM NUMBER:		211252513

	BUSINESS ADDRESS:	
		STREET 1:		1 N. 1ST ST.
		STREET 2:		3RD FLOOR
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85004
		BUSINESS PHONE:		480.374.5350

	MAIL ADDRESS:	
		STREET 1:		1 N. 1ST ST.
		STREET 2:		3RD FLOOR
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85004
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>ea147227-s8_trinitycap.htm
<DESCRIPTION>REGISTRATION STATEMENT
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>As filed with the Securities and Exchange Commission
on September 14, 2021</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Registration No.&nbsp;333-</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B></B></FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 0pt auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Form
S-8</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>REGISTRATION
STATEMENT UNDER THE SECURITIES ACT OF 1933 </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 0pt auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TRINITY CAPITAL INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: Black 1.5pt solid; vertical-align: top; width: 49%; text-align: center"><FONT STYLE="font-size: 10pt"><B>Maryland</B></FONT></TD>
    <TD STYLE="padding-bottom: 1.5pt; vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; vertical-align: top; width: 49%; text-align: center"><FONT STYLE="font-size: 10pt"><B>35-2670395</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">(State or other jurisdiction of incorporation or organization)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">(I.R.S. Employer Identification No.)</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1.5pt solid; vertical-align: top">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>1 N. 1<SUP>st</SUP> Street</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>3<SUP>rd</SUP> Floor</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Phoenix, Arizona</B></P></TD>
    <TD STYLE="padding-bottom: 1.5pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt"><B>85004</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">(Address of Principal Executive Offices)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">(Zip code)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 0pt auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>2019 Trinity Capital Inc. Long Term Incentive
Plan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Trinity Capital Inc. 2019 Non-Employee Director
Restricted Stock Plan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Full title of the plans)</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 0pt auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Steven L. Brown</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>c/o Trinity Capital Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>1 N. 1<SUP>st</SUP> Street</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>3<SUP>rd</SUP> Floor</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Phoenix, Arizona 85004</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name and address of agent for service)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(480) 374 5350</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Telephone number, including area code, of agent
for service) &nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 0pt auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company.
See the definitions of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo; &ldquo;smaller reporting company,&rdquo;
and &ldquo;emerging growth company&rdquo; in Rule 12b-2 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify; width: 40%"><FONT STYLE="font-size: 10pt">Large&nbsp;accelerated&nbsp;filer</FONT></TD>
    <TD STYLE="text-align: justify; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 8%">&#9744;</TD>
    <TD STYLE="text-align: justify; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 41%"><FONT STYLE="font-size: 10pt">Accelerated&nbsp;filer</FONT></TD>
    <TD STYLE="text-align: justify; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 8%">&#9744;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Non-accelerated filer</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&#9746;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Smaller&nbsp;reporting&nbsp;company</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&#9744;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Emerging growth company</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&#9746;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. &#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 0pt auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CALCULATION
OF REGISTRATION FEE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Title of securities to be registered</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt"><B>Amount&nbsp;to&nbsp;be registered<SUP>(1)</SUP>&nbsp;</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt"><B>Proposed&nbsp;maximum offering price per share<SUP>(2)</SUP></B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt"><B>Proposed&nbsp;maximum aggregate offering price<SUP>(2)</SUP></B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Amount of <BR> registration fee</TD><TD STYLE="padding-bottom: 1.5pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 51%">Common Stock, par value $0.001 per share</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 9%; text-align: right">3,600,000</TD><TD STYLE="width: 1%; text-align: left"><SUP>(3)</SUP></TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 9%; text-align: right">15.98</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 9%; text-align: right">57,528,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 9%; text-align: right">6,276.31</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Common Stock, par value $0.001 per share</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">60,000</TD><TD STYLE="text-align: left"><SUP>(4)</SUP></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">15.98</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">958,800</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">104.61</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; text-align: justify"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Pursuant to Rule 416 under the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;), this registration statement on Form S-8 also covers an indeterminate number of additional shares of common stock, par value $0.001 per share (&ldquo;Common Stock&rdquo;), of Trinity Capital Inc. (the &ldquo;Registrant&rdquo;) that may be issued under the plans referenced above as a result of stock splits, stock dividends or similar transactions.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Estimated solely for purposes of determining the amount of the registration fee in accordance with Rule&nbsp;457(c)&nbsp;and (h)&nbsp;under the Securities Act, based upon the average of the high and low sales prices of the Common Stock of the Registrant as reported on the Nasdaq Global Select Market on September 10, 2021.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Represents shares of Common Stock of the Registrant reserved for issuance under the 2019 Trinity Capital Inc. Long Term Incentive Plan.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Represents shares of Common Stock of the Registrant reserved for issuance under the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan.</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PART I</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The documents containing the information required
in Part I of Form S-8 will be sent or given to participants in the 2019 Trinity Capital Inc. Long Term Incentive Plan and the Trinity
Capital Inc. 2019 Non-Employee Director Restricted Stock Plan, as applicable, as specified by Rule 428(b)(1) under the Securities Act
of 1933, as amended (the &ldquo;Securities Act&rdquo;). In accordance with Rule 428 under the Securities Act and the requirements of Part
I of Form S-8, such documents are not being filed with the U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;) either as part
of this registration statement on Form S-8 (this &ldquo;Registration Statement&rdquo;) or as prospectuses or prospectus supplements pursuant
to Rule 424 under the Securities Act. Trinity Capital Inc. (the &ldquo;Company,&rdquo; &ldquo;us&rdquo; &ldquo;our&rdquo; or &ldquo;we&rdquo;)
will maintain a file of such documents in accordance with the provisions of Rule 428 under the Securities Act. Upon request, the Company
will furnish to the SEC or its staff a copy or copies of all of the documents included in such file. These documents and the documents
incorporated by reference into this Registration Statement pursuant to Item 3 of Part II of this Registration Statement, taken together,
constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PART II </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px; text-align: justify"></TD>
    <TD STYLE="width: 48px"><FONT STYLE="font-size: 10pt"><B>Item 3.</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Incorporation of Documents by Reference.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following documents filed by the Company with
the SEC are incorporated herein by reference and made a part hereof:</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.5in"><FONT STYLE="font-size: 10pt">(a)(1) &nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">the Company&rsquo;s Annual Report on <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465921095466/tm2123119d1_10ka.htm">Form 10-K</A> for the fiscal year ended December 31, 2020, filed with the SEC on March 4, 2021, and Amendment No. 1 thereto filed with the SEC on July 23, 2021;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">(a)(2) </FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">the Company&rsquo;s Definitive Proxy Statement on <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465921055863/tm2112492-3_def14a.htm">Schedule 14A</A>, filed with the SEC on April 28, 2021 (but only with respect to information required by Part III of the Company&rsquo;s Annual Report on Form 10-K for the fiscal year ended December 31, 2020);</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">
    <P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(b)(1)</P></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">the Company&rsquo;s Quarterly Report on <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000155837021006267/tcpp-20210331x10q.htm">Form 10-Q</A> for the fiscal quarter ended March 31, 2021, filed with the SEC on May 6, 2021;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">(b)(2)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">the Company&rsquo;s Quarterly Report on <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000178610821000005/tcpp-20210630x10q.htm">Form 10-Q</A> for the fiscal quarter ended June 30, 2021, filed with the SEC on August 5, 2021;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">(b)(3)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">the Company&rsquo;s Current Reports on Form 8-K filed with the SEC on <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465921011141/tm215142d1_8k.htm">February&nbsp;3, 2021</A>, <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465921041082/tm2110881d1_8k.htm">March&nbsp;25, 2021</A>, <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000155837021003632/tcpp-20210323x8k.htm">March&nbsp;29, 2021</A>, <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465921084556/tm2120389d1_8k.htm">June 23, 2021</A>, <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465921100101/tm2124145-1_8k.htm">August 4, 2021</A>, <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465921108272/tm2125566d1_8k.htm">August 23, 2021</A>, and <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465921108948/tm2125758d1_8k.htm">August 24, 2021</A> (other than information deemed to have been &ldquo;furnished&rdquo; and not &ldquo;filed&rdquo; in accordance with SEC rules); and</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">(c)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">the description of the Company&rsquo;s common stock, par value $0.001 per share, contained in the Company&rsquo;s Registration Statement on <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465921008513/tm214389d1_8a12b.htm">Form 8-A</A>, filed with the SEC on January&nbsp;28, 2021, as updated by <A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000155837021002383/tcpp-20201231xex4d9.htm">Exhibit 4.9</A> to the Company&rsquo;s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, filed with the SEC on March 4, 2021, including any amendments or reports filed for the purpose of updating such description.</FONT></TD></TR>
  </TABLE>
<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">All documents filed with the SEC by the Company
pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (the &ldquo;Exchange Act&rdquo;), subsequent
to the date of this Registration Statement and prior to the filing of a post-effective amendment to this Registration Statement that indicates
that all securities offered hereby have been sold, or that deregisters all securities then remaining unsold, shall be deemed to be incorporated
by reference in this Registration Statement and to be a part hereof from the date of filing of such documents; provided, however, that
documents or information deemed to have been &ldquo;furnished&rdquo; and not &ldquo;filed&rdquo; in accordance with SEC rules&nbsp;shall
not be deemed incorporated by reference into this Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">II-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Any statement contained in this Registration Statement
or in a document incorporated or deemed to be incorporated herein by reference shall be deemed to be modified or superseded for purposes
of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document that also is, or
is deemed to be, incorporated herein by reference, modifies or supersedes such statement. Any such statement so modified or superseded
shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px; text-align: justify"></TD>
    <TD STYLE="text-align: justify; width: 48px"><FONT STYLE="font-size: 10pt"><B>Item 4.</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Description of Securities.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px; text-align: justify"></TD>
    <TD STYLE="text-align: justify; width: 48px"><FONT STYLE="font-size: 10pt"><B>Item 5.</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Interests of Named Experts and Counsel.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px; text-align: justify"></TD>
    <TD STYLE="text-align: justify; width: 48px"><FONT STYLE="font-size: 10pt"><B>Item 6.</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Indemnification of Directors and Officers.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 2-418 of the Maryland General Corporation
Law allows for the indemnification of officers, directors and any corporate agents in terms sufficiently broad to indemnify these persons
under certain circumstances for liabilities, including reimbursement for expenses, incurred arising under the Securities Act.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Our articles of amendment and restatement and bylaws
provide that we shall indemnify our directors and officers to the fullest extent authorized or permitted by law and this right to indemnification
shall continue as to a person who has ceased to be a director or officer and shall inure to the benefit of his or her heirs, executors
and personal and legal representatives; provided, however, that, except for proceedings to enforce rights to indemnification, we are not
obligated to indemnify any director or officer (or his or her heirs, executors or personal or legal representatives) in connection with
a proceeding (or part thereof) initiated by the person unless the proceeding (or part thereof) was authorized or consented to by our Board
of Directors. The right to indemnification conferred includes the right to be paid by us the expenses incurred in defending or otherwise
participating in any proceeding in advance of its final disposition.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">So long as we are regulated under the Investment
Company Act of 1940, as amended (the &ldquo;1940 Act&rdquo;), the above indemnification is limited by the 1940 Act or by any valid rule,
regulation or order of the SEC thereunder. The 1940 Act provides, among other things, that a company may not indemnify any director or
officer against liability to it or its security holders to which he or she might otherwise be subject by reason of his or her willful
misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his or her office unless a determination
is made by final decision of a court, by vote of a majority of a quorum of directors who are disinterested, non-party directors or by
independent legal counsel that the liability for which indemnification is sought did not arise out of the foregoing conduct.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We will indemnify each indemnitee against any liabilities
relating to the offering of our securities or our business, operation, administration or termination, if the indemnitee acted in good
faith and in a manner it believed to be in, or not opposed to, our interests and except to the extent arising out of the indemnitee&rsquo;s
gross negligence, fraud or knowing and willful misconduct. We may pay the expenses incurred by the indemnitee in defending an actual or
threatened civil or criminal action in advance of the final disposition of such action, provided the indemnitee agrees to repay those
expenses if found by adjudication not to be entitled to indemnification.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We have entered into indemnification agreements
with our directors and executive officers. The indemnification agreements are intended to provide our directors and executive officers
with the maximum indemnification permitted under Maryland law and the 1940 Act. Each indemnification agreement provides that we will indemnify
the director or executive officer who is a party to the agreement, including the advancement of legal expenses, if, by reason of his or
her corporate status, such director or executive officer is, or is threatened to be, made a party to or a witness in any threatened, pending,
or completed proceeding, other than a proceeding by or in our right, to the maximum extent permitted by Maryland law and the 1940 Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 5; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">II-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Insofar as indemnification for liability arising
under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions,
or otherwise, we have been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities
Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by
us of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, we
will, unless in the opinion of our counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction
the question whether such indemnification by us is against public policy as expressed in the Securities Act and will be governed by the
final adjudication of such issue.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px; text-align: justify"></TD>
    <TD STYLE="text-align: justify; width: 48px"><FONT STYLE="font-size: 10pt"><B>Item 7.</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Exemption from Registration Claimed.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px; text-align: justify"></TD>
    <TD STYLE="text-align: justify; width: 48px"><FONT STYLE="font-size: 10pt"><B>Item 8.</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Exhibits.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following documents are filed as a part of
this Registration Statement or incorporated by reference herein:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1.5pt solid; white-space: nowrap; width: 10%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Exhibit
    No.</B></FONT></TD>
    <TD STYLE="padding-bottom: 1.5pt; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1.5pt solid; width: 89%"><FONT STYLE="font-size: 10pt"><B>Description</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: justify; vertical-align: top"><FONT STYLE="font-size: 10pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465920004792/tv534325_ex3-1.htm">Articles of Amendment and Restatement (incorporated by reference to Exhibit 3.1 to the Company&rsquo;s Registration Statement on Form 10 filed on January 16, 2020).</A></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-size: 10pt">4.2</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: justify; vertical-align: top"><FONT STYLE="font-size: 10pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465920004792/tv534325_ex3-2.htm">Bylaws (incorporated by reference to Exhibit 3.2 to the Company&rsquo;s Registration Statement on Form 10 filed on January 16, 2020).</A></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-size: 10pt">4.3</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: justify; vertical-align: top"><FONT STYLE="font-size: 10pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465921084556/tm2120389d1_ex10-1.htm">2019 Trinity Capital Inc. Long Term Incentive Plan (incorporated by reference to Exhibit 10.1 to the Company&rsquo;s Current Report on Form 8-K filed on June 23, 2021).</A></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-size: 10pt">4.4</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: justify; vertical-align: top"><FONT STYLE="font-size: 10pt"><A HREF="ea147227ex4-4_trinity.htm">Form of Restricted Stock Agreement (2019 Trinity Capital Inc. Long Term Incentive Plan).*</A></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-size: 10pt">4.5</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: justify; vertical-align: top"><FONT STYLE="font-size: 10pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1786108/000110465921084556/tm2120389d1_ex10-2.htm">Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan (incorporated by reference to Exhibit 10.2 to the Company&rsquo;s Current Report on Form 8-K filed on June 23, 2021).</A></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-size: 10pt">4.6</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: justify; vertical-align: top"><A HREF="ea147227ex4-6_trinity.htm"><FONT STYLE="font-size: 10pt">Form&nbsp;of Restricted Stock Agreement (Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan).*</FONT></A></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-size: 10pt">5.1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: justify; vertical-align: top"><A HREF="ea147227ex5-1_trinity.htm"><FONT STYLE="font-size: 10pt">Opinion of Eversheds Sutherland (US) LLP.*</FONT></A></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-size: 10pt">23.1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: justify; vertical-align: top"><A HREF="ea147227ex5-1_trinity.htm"><FONT STYLE="font-size: 10pt">Consent of Eversheds Sutherland (US) LLP (included in Exhibit 5.1 hereto).*</FONT></A></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-size: 10pt">23.2</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: justify; vertical-align: top"><FONT STYLE="font-size: 10pt"><A HREF="ea147227ex23-2_trinity.htm">Consent of Ernst &amp; Young LLP.*</A></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD><FONT STYLE="font-size: 10pt">24.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><A HREF="#poa_001"><FONT STYLE="font-size: 10pt">Power of Attorney (included on signature page).*</FONT></A></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 13.5pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">*</TD><TD STYLE="text-align: justify">Filed herewith.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px; text-align: justify"></TD>
    <TD STYLE="width: 48px"><FONT STYLE="font-size: 10pt"><B>Item 9.</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Undertakings.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">The undersigned registrant hereby undertakes:</TD></TR></TABLE>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 74.4pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: justify; width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: justify">(1)</TD><TD STYLE="text-align: justify">To file, during any period in which offers or sales are being
made, a post-effective amendment to this registration statement:</TD>
</TR></TABLE>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 74.4pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 1in"></TD><TD STYLE="text-align: justify; width: 0.5in">(i)</TD><TD STYLE="text-align: justify">To include any prospectus required by Section 10(a)(3) of the Securities Act;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 38.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 38.4pt"></P>

<!-- Field: Page; Sequence: 6; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">II-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 38.4pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent
post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth
in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar
value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum
offering range may be reflected in the form of prospectus filed with the SEC pursuant to Rule 424(b) (&sect;230.424(b) of this chapter)
if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth
in the &ldquo;Calculation of Registration Fee&rdquo; table in the effective registration statement;</TD></TR></TABLE>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 74.4pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 1in"></TD><TD STYLE="text-align: justify; width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">To include any material information with respect to the plan of distribution not previously disclosed in the registration statement
or any material change to such information in the registration statement;</TD></TR></TABLE>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 2.4pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><I>provided, however, </I>that paragraphs (a)(1)(i) and (a)(1)(ii)
of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained
in reports filed with or furnished to the SEC by the registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated
by reference in the registration statement.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 38.4pt"></TD><TD STYLE="text-align: justify; width: 36pt">(2)</TD><TD STYLE="text-align: justify">That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to
be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be
deemed to be the initial bona fide offering thereof.</TD></TR></TABLE>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 38.4pt"></TD><TD STYLE="text-align: justify; width: 36pt">(3)</TD><TD STYLE="text-align: justify">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
termination of the offering.</TD></TR></TABLE>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 74.4pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0in"></TD><TD STYLE="text-align: justify; width: 0.5in">(b)</TD><TD STYLE="text-align: justify">The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing
of the registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of
an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the registration
statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.</TD></TR></TABLE>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 74.4pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: justify; width: 0in"></TD><TD STYLE="width: 0.5in; text-align: justify">(c)</TD><TD STYLE="text-align: justify">Insofar as indemnification for liabilities arising under
the Securities Act may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions,
or otherwise, the registrant has been advised that in the opinion of the SEC such indemnification is against public policy as expressed
in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other
than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the
successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with
the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as
expressed in the Securities Act and will be governed by the final adjudication of such issue.</TD>
</TR></TABLE>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 7; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">II-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Act of 1933, as amended, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this Registration Statement on Form S-8 to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Phoenix, State of Arizona, on the 14<SUP>th</SUP> day of September, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt"><B>TRINITY CAPITAL INC.</B></FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 1.5pt; width: 60%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; width: 36%"><FONT STYLE="font-size: 10pt">&nbsp;/s/ Steven L. Brown</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD ROWSPAN="2">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Name: Steven L. Brown</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Title: Chairman and Chief Executive Officer</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><A NAME="poa_001"></A>POWER OF ATTORNEY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each officer and director of Trinity Capital Inc.
whose signature appears below hereby constitutes and appoints Steven L. Brown, David Lund and Sarah Stanton, and each of them to act without
the other, as his true and lawful attorneys-in-fact and agents, with full power of substitution, resubstitution and revocation, for him
and on his behalf and in his name, place and stead, in any and all capacities, to execute and file this Registration Statement on Form
S-8 and any and all amendments thereto (including, without limitation, any post-effective amendments), with any and all exhibits thereto
and other documents in connection therewith, with the U.S. Securities and Exchange Commission, granting unto said attorneys-in-fact and
agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done,
as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact
and agents, or any of them, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Act of 1933, as amended, this Registration Statement on Form S-8 has been signed by the following persons in the capacities indicated
on September 14, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1.5pt solid; width: 33%; text-align: center"><B>Name</B></TD>
    <TD STYLE="padding-bottom: 1.5pt; width: 2%; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; width: 65%; text-align: center"><B>Title</B></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid">/s/ Steven L. Brown</TD>
    <TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt">Chairman and Chief Executive Officer</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Steven L. Brown</TD>
    <TD>&nbsp;</TD>
    <TD>(Principal Executive Officer)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; border-bottom: Black 1.5pt solid; vertical-align: bottom">/s/ David Lund</TD>
    <TD>&nbsp;</TD>
    <TD>Chief Financial Officer, Executive Vice President &mdash; Finance and Strategic Planning, and Treasurer</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>David Lund</TD>
    <TD>&nbsp;</TD>
    <TD>(Principal Financial and Accounting Officer)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid">/s/ Kyle Brown</TD>
    <TD>&nbsp;</TD>
    <TD>Director, President and Chief Investment Officer</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Kyle Brown</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid">/s/ Edmund G. Zito</TD>
    <TD>&nbsp;</TD>
    <TD>Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Edmund G. Zito</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid">/s/ Richard R. Ward</TD>
    <TD>&nbsp;</TD>
    <TD>Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Richard R. Ward</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid">/s/ Ronald E. Estes</TD>
    <TD>&nbsp;</TD>
    <TD>Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Ronald E. Estes</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid">/s/ Michael E. Zacharia</TD>
    <TD>&nbsp;</TD>
    <TD>Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Michael E. Zacharia</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Page; Sequence: 8; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">II-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.4
<SEQUENCE>2
<FILENAME>ea147227ex4-4_trinity.htm
<DESCRIPTION>FORM OF RESTRICTED STOCK AGREEMENT (2019 TRINITY CAPITAL INC. LONG TERM INCENTIVE PLAN)
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 4.4</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>TRINITY
Capital INC. 2019 Long term Incentive Plan</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Form
of TRINITY Capital INC.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Restricted
Stock Award</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>FOR
EMPLOYEES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="text-transform: uppercase"><B>TRINITY Capital INC</B></FONT><B>.
STRONGLY ENCOURAGES YOU TO SEEK THE ADVICE OF YOUR OWN LEGAL AND FINANCIAL ADVISORS WITH RESPECT TO YOUR AWARD AND ITS TAX CONSEQUENCES.
THANK YOU.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Restricted Stock Agreement
(this &ldquo;Agreement&rdquo;) between Trinity Capital Inc., a Maryland corporation (the &ldquo;Company&rdquo;), and &nbsp;_____________&nbsp;(the
&ldquo;Grantee&rdquo;), regarding an award (&ldquo;Award&rdquo;) of &nbsp;________&nbsp; shares of Common Stock, as defined in the Trinity
Capital Inc. 2019 Long Term Incentive Plan (the &ldquo;Plan&rdquo;), with such Award being granted to the Grantee on ______, 2021 (the
&ldquo;Award Date&rdquo;) and such shares being referred to as the &ldquo;Restricted Stock&rdquo;. The number of shares of Restricted
Stock granted to the Grantee under this Award shall be subject to adjustment as provided in the Plan and subject to the terms and conditions
set forth in this Agreement. The Grantee&rsquo;s rights to the shares are subject to the restrictions described in this Agreement and
the Plan (which is incorporated herein by reference with the same effect as if set forth herein in full) in addition to such other restrictions,
if any, as may be imposed by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">1.&nbsp;<U>Vesting
of Restricted Stock</U>.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;[<B>Vesting Schedule
1</B>: The restrictions on the shares of Restricted Stock subject to this Award shall lapse and such shares shall vest as set forth below,
<I>provided</I> that the Grantee has been in continuous employment from the Award Date through the respective Vesting Date, and <I>provided,
further</I> that if an Award anniversary falls on a day that is not a business day, the Vesting Date shall be the first business day
immediately preceding the Vesting Date.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1.5pt solid; width: 15%; font-weight: normal; text-align: center; text-indent: 0in"><I>Percentage of Shares Subject to the Award which Vest</I></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1.5pt; width: 2%; font-weight: normal; text-align: center; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1.5pt solid; width: 83%; font-weight: normal; text-align: center; text-indent: 0in"><I>Vesting Date</I></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: normal; text-align: center; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: center; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: center; text-indent: 0in">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">25%</TD>
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">First Anniversary of Award Date</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">6.25%</TD>
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">First full calendar quarter immediately following the first anniversary of the Award Date</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">6.25%</TD>
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: justify; text-indent: 0in">Each immediately subsequent full calendar quarter, such that the Award would vest in full on the fourth anniversary of the Award Date, assuming all other conditions for vesting were satisfied&nbsp;&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Notwithstanding the foregoing,
pursuant to the terms of the Plan, the Board or its Committee may, in its sole discretion, accelerate the time at which the shares of
Restricted Stock subject to this Award shall vest.]<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>1</SUP></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">[<B>Vesting Schedule
2</B>: The restrictions on the shares of Restricted Stock subject to this Award shall lapse and such shares shall vest pro rata over
the twelve full calendar quarters immediately following the Award Date, such that eight and one third percent (8.33%) of the shares
subject to the Award shall vest on each such calendar quarter (each a &ldquo;Vesting Date&rdquo;), <I>provided</I> that the Grantee
has been in continuous employment from the Award Date through the respective Vesting Date, <I>provided, further</I> that if an Award
anniversary falls on a day that is not a business day, the Vesting Date shall be the first business day immediately preceding the
Vesting Date.&nbsp; Notwithstanding the foregoing, pursuant to the terms of the Plan, the Board or its Committee may, in its sole
discretion, accelerate the time at which the shares of Restricted Stock subject to this Award shall vest.]<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>2</SUP></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;Notwithstanding
anything to the contrary herein, upon the Grantee&rsquo;s termination of employment as a result of his or her death or Disability, the
restrictions on the shares of one hundred percent (100%) of the Restricted Stock subject to this Award shall lapse. For purposes of this
Section 1(b), &ldquo;Disability&rdquo; shall mean any physical or mental disability or infirmity of the Grantee that prevents the performance
of the Grantee&rsquo;s duties (notwithstanding the provision of any reasonable accommodation) for a period of (i)&nbsp;one hundred twenty
(120) consecutive days or (ii)&nbsp;one hundred eighty (180) non-consecutive days during any twelve (12) month period, as determined by
the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;Except
as specifically provided herein or in any other written agreement with the Grantee, upon the Grantee&rsquo;s termination of employment
all unvested shares of Restricted Stock as of the termination date shall be forfeited.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;Fractional
shares shall not vest hereunder, and when any provision hereof may cause a fractional share to vest, any vesting in such fractional share
shall be postponed until such fractional share and other fractional shares equal a vested whole share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">2.&nbsp;<U>Escrow
of Shares</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;During
the period of time between the Award Date and the earlier of the date the Restricted Stock vests or is forfeited (the <B>&ldquo;</B>Restriction
Period<B>&rdquo;</B>), the Restricted Stock shall be registered in the name of the Grantee and held in escrow by the Company or in a book-entry
account with the Company&rsquo;s transfer agent, and the Grantee agrees, upon the Company&rsquo;s written request, to provide a stock
power endorsed by the Grantee in blank.&nbsp; Any certificate or book-entry account shall bear a legend or notation as provided by the
Company, conspicuously referring to the terms, conditions and restrictions described in this Agreement.&nbsp; Upon termination of the
Restriction Period, if the shares of Restricted Stock are held in certificated form, a certificate representing such shares without any
legend referring to the terms, conditions and restrictions described in this Agreement shall be delivered to the Grantee, and if the shares
of Restricted Stock are held in book-entry form, the Company shall instruct the transfer agent to remove any notation referring to the
terms, conditions and restrictions described in this Agreement, in each case, as promptly as is reasonably practicable following such
termination. Fractional shares will not be issued and shares issued will be rounded up to the nearest whole share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>1</SUP></FONT></TD><TD STYLE="text-align: justify">For non-executive employees.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">2</TD><TD STYLE="text-align: justify">For executive employees.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;Certificates
or book-entry account representing the Shares issued pursuant to the Award will bear all legends or notations required by law or determined
by the Company or its counsel as necessary or advisable to effectuate the provisions of the Plan and this Award.&nbsp; The Company may
place a &ldquo;stop transfer&rdquo; order against the Shares issued pursuant to this Award until all restrictions and conditions set forth
in the Plan and this Agreement and in the legends or notations referred to in this Agreement have been complied with.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;The
Grantee hereby (i) appoints the Company as the attorney-in-fact of the Grantee to take such actions as may be necessary or appropriate
to effectuate a transfer of the record ownership of any shares that are unvested and forfeited hereunder, (ii) agrees to deliver to the
Company, as a precondition to the issuance of any certificate or certificates with respect to unvested shares hereunder, one or more stock
powers, endorsed in blank, with respect to such shares, and (iii) agrees to sign such other powers and take such other actions as the
Company may reasonably request to accomplish the transfer or forfeiture of any unvested shares that are forfeited hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">3.&nbsp;<U>Code
Section&nbsp;83(b)&nbsp;Election</U>. The Grantee shall be permitted to make an election under Code Section&nbsp;83(b), to include an
amount in income in respect of the Award of Restricted Stock in accordance with the requirements of Code Section&nbsp;83(b).&nbsp; Grantee
acknowledges that such election must be filed with the Internal Revenue Service within 30 days of the grant of the Award for which such
election is made. Grantee is solely responsible for making such election.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">4.&nbsp; <U>Dividends
and Voting Rights</U>. During the Restricted Period, the Grantee shall have the right to vote or execute proxies with respect to the shares
of Restricted Stock subject to this Award and to receive any cash or stock dividends paid or distributed with respect thereto, unless
and until the Restricted Stock is forfeited.&nbsp; Cash or stock dividends paid or distributed with respect to outstanding Restricted
Stock shall be fully vested and nonforfeitable upon receipt.&nbsp; Notwithstanding the foregoing, in the case of a stock split affected
by the Company by means of a stock dividend or any stock dividends affected as part of a recapitalization of the Company or similar event,
any stock dividends distributed with respect to the underlying Restricted Stock shall be subject to the same restrictions provided for
herein with respect to such Restricted Stock, and the dividend shares so paid or distributed shall be deemed Restricted Stock subject
to all terms and conditions herein, provided that the vesting schedule with respect thereto shall be equal installments over the remaining
number of installments applicable to the Restricted Stock with respect to which such shares are paid or distributed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">5.&nbsp;<U>Conditions
and Limitations.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;Except
as provided in this Agreement or the Plan, the shares acquired by the Grantee pursuant to this Award shall not be sold, transferred, pledged,
assigned or otherwise encumbered or disposed and are subject to a substantial risk of forfeiture. The Restricted Stock shall not be transferable
other than by will or by the laws of descent and distribution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;The
Restricted Stock covered by this Award is subject to the terms, conditions and definitions of the Plan. To the extent that the terms,
conditions and definitions of this Award are inconsistent with those of the Plan, those of the Plan shall govern. All decisions under,
and interpretations of, such provisions of the Plan by the Board or the Committee, as defined in the Plan, shall be final, binding and
conclusive upon the Grantee and his or her heirs. On and after the commencement of the Committee&rsquo;s duties under the Plan, all references
to the Board in this Award shall mean and relate to such Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;The
Company is not obligated to deliver any shares of Common Stock pursuant to the Plan until: (i) the Company is satisfied that all legal
matters in connection with the issuance and delivery of such shares have been addressed and resolved; (ii) if the outstanding shares are,
at the time of delivery, listed on any stock exchange or national market system, the shares to be delivered have been listed or authorized
to be listed on such exchange or system upon official notice of issuance; and (iii) all conditions of the Award have been satisfied or
waived.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"></P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">6.&nbsp;<U>Withholding
Taxes</U>. The Company&rsquo;s obligation to deliver Shares upon the conditions of this Award having been satisfied shall be subject to
the Grantee&rsquo;s satisfaction of all applicable federal, state and local income and employment tax withholding obligations. The Grantee
may satisfy such obligation(s), in whole or in part, by (a) delivering to the Company a check for the amount required to be withheld or
(b) if permitted under the 1940 Act and as the Committee in its sole discretion approves in any specific or general case, having the Company
withhold Shares or delivering to the Company already-owned shares of Common Stock, in either case having a fair market value equal to
the amount required to be withheld, as determined by the Committee.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">7.&nbsp;<U>Notices</U>.
All notices or demands given to the Company pursuant to this Award and the Plan shall be in writing and shall be deemed to have been sufficiently
given if delivered by hand or sent by certified or registered mail, postage prepaid, addressed to Trinity Capital Inc., Attn: General
Counsel, at the principal office of the Company.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">8.&nbsp;<U>No
Employment Commitment; Tax Treatment; Status as Stockholder</U>. Nothing herein contained shall be deemed to be or constitute an agreement
or commitment by the Company, its parent, or any subsidiary to continue the Grantee in its employ. The Company makes no representation
about the tax treatment to the Grantee with respect to receipt or vesting of the Restricted Stock or acquiring, holding or disposing of
the Shares. The Grantee shall have no rights as a stockholder with respect to the Shares subject to the Award until the lapse of restrictions
provided for herein.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">9.&nbsp;<U>Grantee
Bound by Plan</U>. The Grantee hereby acknowledges that a copy of the Plan as in effect on the date hereof has been made available to
the Grantee and agrees to be bound by all the terms and provisions thereof (as such Plan may be amended from time to time in accordance
with the terms thereof).</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">10.&nbsp;<U>Binding
Effect. </U>Subject to the limitations stated above and in the Plan, this Agreement shall be binding upon and inure to the benefit of
the Grantee and his or her legatees, distributees, and personal representatives and to the successors of the Company.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">11.&nbsp;<U>General</U>.
For purposes of this Agreement and any determinations to be made by the Board or the Committee, as the case may be, hereunder, the determinations
by the Board or the Committee, as the case may be, shall be binding upon the Grantee and any transferee.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">* * * * *</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">IN WITNESS WHEREOF, the Company and the Grantee
have executed this Agreement as of the date written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">TRINITY CAPITAL INC.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 40%">&nbsp;</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 5%">By:</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; width: 35%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Acknowledged and Agreed:</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Grantee Name</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>


<!-- Field: Page; Sequence: 5; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.6
<SEQUENCE>3
<FILENAME>ea147227ex4-6_trinity.htm
<DESCRIPTION>FORM OF RESTRICTED STOCK AGREEMENT (TRINITY CAPITAL INC. 2019 NON-EMPLOYEE DIRECTOR RESTRICTED STOCK PLAN)
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 4.6</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Trinity
Capital Inc.<BR>
2019 Non-Employee Director Restricted Stock Plan</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Form
of TRINITY Capital INC.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Restricted
Stock Award</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>FOR
NON-EMPLOYEE DIRECTORS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="text-transform: uppercase"><B><BR>
TRINITY Capital INC</B></FONT><B>. STRONGLY ENCOURAGES YOU TO SEEK THE ADVICE OF YOUR OWN LEGAL AND FINANCIAL ADVISORS WITH RESPECT TO
YOUR AWARD AND ITS TAX CONSEQUENCES. THANK YOU.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Restricted Stock Agreement
(this &ldquo;Agreement&rdquo;) between Trinity Capital Inc., a Maryland corporation (the &ldquo;Company&rdquo;), and &nbsp;_____________&nbsp;(the
&ldquo;Grantee&rdquo;), a non-employee director of the Company or one of its subsidiaries, regarding an award (&ldquo;Award&rdquo;) of
&nbsp;________&nbsp; shares of Common Stock, as defined in the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan (the
&ldquo;Plan&rdquo;), with such Award being granted to the Grantee on ______, 2021 (the &ldquo;Award Date&rdquo;) and such shares being
referred to as the &ldquo;Restricted Stock&rdquo;. The number of shares of Restricted Stock granted to the Grantee under this Award shall
be subject to adjustment as provided in the Plan and subject to the terms and conditions set forth in this Agreement. The Grantee&rsquo;s
rights to the shares are subject to the restrictions described in this Agreement and the Plan (which is incorporated herein by reference
with the same effect as if set forth herein in full) in addition to such other restrictions, if any, as may be imposed by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">1.&nbsp;<U>Vesting
of Restricted Stock</U>.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;The
restrictions on the shares of Restricted Stock subject to this Award shall lapse and such shares shall vest in full on the earlier of
(i) first anniversary of the Award Date, or (ii) the day immediately prior to the Company&rsquo;s annual meeting of stockholders that
is immediately following the Award Date (the &ldquo;Vesting Date&rdquo;), <I>provided</I> that the Grantee has been in continuous service
from the Award Date through the Vesting Date, <I>provided, further</I> that if the Vesting Date falls on a day that is not a business
day, the Vesting Date shall be the first business day immediately preceding the Vesting Date.&nbsp; Notwithstanding the foregoing, pursuant
to the terms of the Plan, the Board or its Committee may, in its sole discretion, accelerate the time at which the shares of Restricted
Stock subject to this Award shall vest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;Notwithstanding
anything to the contrary herein, upon the Grantee&rsquo;s termination of service as a result of his or her death or Disability, the restrictions
on the shares of one hundred percent (100%) of the Restricted Stock subject to this Award shall lapse. For purposes of this Section 1(b),
&ldquo;Disability&rdquo; shall mean any physical or mental disability or infirmity of the Grantee that prevents the performance of the
Grantee&rsquo;s duties (notwithstanding the provision of any reasonable accommodation) for a period of (i)&nbsp;one hundred twenty (120)
consecutive days or (ii)&nbsp;one hundred eighty (180) non-consecutive days during any twelve (12) month period, as determined by the
Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;Except
as specifically provided herein or in any other written agreement with the Grantee, upon the Grantee&rsquo;s termination of service all
unvested shares of Restricted Stock as of the termination date shall be forfeited.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;Fractional
shares shall not vest hereunder, and when any provision hereof may cause a fractional share to vest, any vesting in such fractional share
shall be postponed until such fractional share and other fractional shares equal a vested whole share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">2.&nbsp;<U>Escrow
of Shares</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;During
the period of time between the Award Date and the earlier of the date the Restricted Stock vests or is forfeited (the <B>&ldquo;</B>Restriction
Period<B>&rdquo;</B>), the Restricted Stock shall be registered in the name of the Grantee and held in escrow by the Company or in a book-entry
account with the Company&rsquo;s transfer agent, and the Grantee agrees, upon the Company&rsquo;s written request, to provide a stock
power endorsed by the Grantee in blank.&nbsp; Any certificate or book-entry account shall bear a legend or notation as provided by the
Company, conspicuously referring to the terms, conditions and restrictions described in this Agreement.&nbsp; Upon termination of the
Restriction Period, if the shares of Restricted Stock are held in certificated form, a certificate representing such shares without any
legend referring to the terms, conditions and restrictions described in this Agreement shall be delivered to the Grantee, and if the shares
of Restricted Stock are held in book-entry form, the Company shall instruct the transfer agent to remove any notation referring to the
terms, conditions and restrictions described in this Agreement, in each case, as promptly as is reasonably practicable following such
termination. Fractional shares will not be issued and shares issued will be rounded up to the nearest whole share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;Certificates
or book-entry account representing the Shares issued pursuant to the Award will bear all legends or notations required by law or determined
by the Company or its counsel as necessary or advisable to effectuate the provisions of the Plan and this Award.&nbsp; The Company may
place a &ldquo;stop transfer&rdquo; order against the Shares issued pursuant to this Award until all restrictions and conditions set forth
in the Plan and this Agreement and in the legends or notations referred to in this Agreement have been complied with.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;The
Grantee hereby (i) appoints the Company as the attorney-in-fact of the Grantee to take such actions as may be necessary or appropriate
to effectuate a transfer of the record ownership of any shares that are unvested and forfeited hereunder, (ii) agrees to deliver to the
Company, as a precondition to the issuance of any certificate or certificates with respect to unvested shares hereunder, one or more stock
powers, endorsed in blank, with respect to such shares, and (iii) agrees to sign such other powers and take such other actions as the
Company may reasonably request to accomplish the transfer or forfeiture of any unvested shares that are forfeited hereunder.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">3.&nbsp;<U>Code
Section&nbsp;83(b)&nbsp;Election</U>. The Grantee shall be permitted to make an election under Code Section&nbsp;83(b), to include an
amount in income in respect of the Award of Restricted Stock in accordance with the requirements of Code Section&nbsp;83(b).&nbsp; Grantee
acknowledges that such election must be filed with the Internal Revenue Service within 30 days of the grant of the Award for which such
election is made. Grantee is solely responsible for making such election.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">4.&nbsp; <U>Dividends
and Voting Rights</U>. During the Restricted Period, the Grantee shall have the right to vote or execute proxies with respect to the shares
of Restricted Stock subject to this Award and to receive any cash or stock dividends paid or distributed with respect thereto, unless
and until the Restricted Stock is forfeited.&nbsp; Cash or stock dividends paid or distributed with respect to outstanding Restricted
Stock shall be fully vested and nonforfeitable upon receipt.&nbsp; Notwithstanding the foregoing, in the case of a stock split affected
by the Company by means of a stock dividend or any stock dividends affected as part of a recapitalization of the Company or similar event,
any stock dividends distributed with respect to the underlying Restricted Stock shall be subject to the same restrictions provided for
herein with respect to such Restricted Stock, and the dividend shares so paid or distributed shall be deemed Restricted Stock subject
to all terms and conditions herein, provided that the vesting schedule with respect thereto shall be equal installments over the remaining
number of installments applicable to the Restricted Stock with respect to which such shares are paid or distributed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">5.&nbsp;<U>Conditions
and Limitations.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;Except
as provided in this Agreement or the Plan, the shares acquired by the Grantee pursuant to this Award shall not be sold, transferred, pledged,
assigned or otherwise encumbered or disposed and are subject to a substantial risk of forfeiture. The Restricted Stock shall not be transferable
other than by will or by the laws of descent and distribution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;The
Restricted Stock covered by this Award is subject to the terms, conditions and definitions of the Plan. To the extent that the terms,
conditions and definitions of this Award are inconsistent with those of the Plan, those of the Plan shall govern. All decisions under,
and interpretations of, such provisions of the Plan by the Board or the Committee, as defined in the Plan, shall be final, binding and
conclusive upon the Grantee and his or her heirs. On and after the commencement of the Committee&rsquo;s duties under the Plan, all references
to the Board in this Award shall mean and relate to such Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;The
Company is not obligated to deliver any shares of Common Stock pursuant to the Plan until: (i) the Company is satisfied that all legal
matters in connection with the issuance and delivery of such shares have been addressed and resolved; (ii) if the outstanding shares are,
at the time of delivery, listed on any stock exchange or national market system, the shares to be delivered have been listed or authorized
to be listed on such exchange or system upon official notice of issuance; and (iii) all conditions of the Award have been satisfied or
waived.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">6.&nbsp;<U>Withholding
Taxes</U>. The Company&rsquo;s obligation to deliver Shares upon the conditions of this Award having been satisfied shall be subject to
the Grantee&rsquo;s satisfaction of all applicable federal, state and local income and tax withholding obligations (if any). The Grantee
may satisfy such obligation(s), in whole or in part, by (a) delivering to the Company a check for the amount required to be withheld or
(b) if permitted under the 1940 Act and as the Committee in its sole discretion approves in any specific or general case, having the Company
withhold Shares or delivering to the Company already-owned shares of Common Stock, in either case having a fair market value equal to
the amount required to be withheld, as determined by the Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">7.&nbsp;<U>Notices</U>.
All notices or demands given to the Company pursuant to this Award and the Plan shall be in writing and shall be deemed to have been sufficiently
given if delivered by hand or sent by certified or registered mail, postage prepaid, addressed to Trinity Capital Inc., Attn: General
Counsel, at the principal office of the Company.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">8.&nbsp;<U>No
Employment or Similar Commitment; Tax Treatment; Status as Stockholder</U>. Nothing herein contained shall be deemed to be or constitute
an agreement or commitment by the Company, its parent, or any subsidiary to continue the Grantee in its service. The Company makes no
representation about the tax treatment to the Grantee with respect to receipt or vesting of the Restricted Stock or acquiring, holding
or disposing of the Shares. The Grantee shall have no rights as a stockholder with respect to the Shares subject to the Award until the
lapse of restrictions provided for herein.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">9.&nbsp;<U>Grantee
Bound by Plan</U>. The Grantee hereby acknowledges that a copy of the Plan as in effect on the date hereof has been made available to
the Grantee and agrees to be bound by all the terms and provisions thereof (as such Plan may be amended from time to time in accordance
with the terms thereof).</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">10.&nbsp;<U>Binding
Effect. </U>Subject to the limitations stated above and in the Plan, this Agreement shall be binding upon and inure to the benefit of
the Grantee and his or her legatees, distributees, and personal representatives and to the successors of the Company.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">11.&nbsp;<U>General</U>.
For purposes of this Agreement and any determinations to be made by the Board or the Committee, as the case may be, hereunder, the determinations
by the Board or the Committee, as the case may be, shall be binding upon the Grantee and any transferee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">* * * * *</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">IN WITNESS WHEREOF, the Company and the Grantee
have executed this Agreement as of the date written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">TRINITY CAPITAL INC.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 5%">By:</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; width: 35%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Acknowledged and Agreed:</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Grantee Name</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 5; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>4
<FILENAME>ea147227ex5-1_trinity.htm
<DESCRIPTION>OPINION OF EVERSHEDS SUTHERLAND (US) LLP
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit&nbsp;5.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72%; font-size: 10pt; font-weight: bold">&nbsp;<IMG SRC="ex5-1_001.jpg" ALT=""></TD>
    <TD STYLE="width: 28%">
    <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Eversheds Sutherland (US) LLP</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-weight: normal">700 Sixth Street, NW, Suite 700</FONT></P>
    <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal; font-weight: normal">Washington,
    DC 20001-3980</FONT></P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">September 14, 2021</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Trinity Capital Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">1 N. 1st Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">3rd Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Phoenix, Arizona 85004</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left">Re:</TD><TD STYLE="text-align: justify">Trinity Capital Inc.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify"><U>Registration Statement on Form&nbsp;S-8</U></TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.6in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We have acted as counsel to
Trinity Capital Inc., a Maryland corporation (the&nbsp;&ldquo;<B><I>Company</I></B>&rdquo;), in connection with the preparation and filing
by the Company with the Securities and Exchange Commission of a registration statement on Form&nbsp;S-8 (the &ldquo;<B><I>Registration
Statement</I></B>&rdquo;) under the Securities Act of 1933, as amended (the &ldquo;<B><I>Securities Act</I></B>&rdquo;), with respect
to the offer and sale of up to (i) 3,600,000 shares of the Company&rsquo;s common stock, par value $0.001 per share (&ldquo;<B><I>Common
Stock</I></B>&rdquo;), pursuant to the 2019 Trinity Capital Inc. Long Term Incentive Plan (the &ldquo;<B><I>Long Term Incentive Plan</I></B>&rdquo;)
and (ii) 60,000 shares of Common Stock pursuant to the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan (the &ldquo;<B><I>Restricted
Stock Plan</I></B>&rdquo; and, together with the Long Term Incentive plan, the &ldquo;<B><I>Plans</I></B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">As counsel to the Company,
we have participated in the preparation of the Registration Statement and have examined the originals or copies, certified or otherwise
identified to our satisfaction as being true copies, of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">the Articles of Amendment and Restatement of the Company, certified as of the date of this opinion letter
by an officer of the Company;</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">the Bylaws of the Company, certified as of the date of this opinion letter by an officer of the Company;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">a Certificate of Good Standing with respect to the Company issued by the State Department of Assessments
and Taxation of the State of Maryland as of a recent date; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD STYLE="text-align: justify">the resolutions of the board of directors of the Company relating to, among other things, (a)&nbsp;the
authorization and approval of the preparation and filing of the Registration Statement and (b)&nbsp;the authorization, issuance, offer
and sale of the shares of Common Stock pursuant to the Registration Statement and the Plans.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">With respect to such examination
and our opinion expressed in this opinion letter, we have assumed, without any independent investigation or verification (i)&nbsp;the
genuineness of all signatures on all documents submitted to us for examination, (ii)&nbsp;the legal capacity of all natural persons, (iii)&nbsp;the
authenticity of all documents submitted to us as originals, (iv)&nbsp;the conformity to original documents of all documents submitted
to us as conformed or reproduced copies and the authenticity of the originals of such copied documents, and (v)&nbsp;that all certificates
issued by public officials have been properly issued. We also have assumed without independent investigation or verification the accuracy
and completeness of all corporate records made available to us by the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 100%; font-size: 10pt"><FONT STYLE="font-size: 8pt">Eversheds Sutherland (US) LLP is part
    of a global legal practice, operating through various separate and distinct legal entities, under Eversheds Sutherland. For a full
    description of the structure and a list of offices, please visit www.eversheds-sutherland.com.</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 82%; padding-top: 4px; font-size: 10pt"><IMG SRC="ex5-1_001.jpg" ALT=""></TD>
    <TD STYLE="width: 18%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Trinity Capital Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">September 14, 2021</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Page 2</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">As to certain matters of fact
relevant to the opinions in this opinion letter, we have relied upon certificates and/or representations of officers of the Company. We
have also relied on certificates and confirmations of public officials (which we have assumed remain accurate as of the date of this opinion
letter). We have not independently established the facts, or in the case of certificates or confirmations of public officials, the other
statements, so relied upon.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The opinions set forth below
are limited to the effect of the General Corporation Law of the State of Maryland, as in effect on the date of this opinion letter, and
we express no opinion as to the applicability or effect of any other laws of the State of Maryland or the laws of any other jurisdictions.
Without limiting the preceding sentence, we express no opinion as to any state securities or broker-dealer laws or regulations thereunder
relating to the offer, issuance and sale of the shares of Common Stock pursuant to the Registration Statement and the Plans. This opinion
letter has been prepared, and should be interpreted, in accordance with customary practice followed in the preparation of opinion letters
by lawyers who regularly give, and such customary practice followed by lawyers who on behalf of their clients regularly advise opinion
recipients regarding, opinion letters of this kind.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Based upon and subject to
the limitations, exceptions, qualifications and assumptions set forth in this opinion letter, we are of the opinion that the shares of
Common Stock issuable pursuant to the Registration Statement and the Plans have been duly authorized and, when issued and paid for in
accordance with the terms of the Plans, the shares of Common Stock will be validly issued, fully paid and nonassessable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The opinions expressed in
this opinion letter (a) are strictly limited to the matters stated in this opinion letter, and without limiting the foregoing, no other
opinions are to be inferred and (b) are only as of the date of this opinion letter, and we are under no obligation, and do not undertake,
to advise the Company or any other person or entity either of any change of law or fact that occurs, or of any fact that comes to our
attention, after the date of this opinion letter, even though such change or such fact may affect the legal analysis or a legal conclusion
in this opinion letter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We hereby consent to the
filing of this opinion letter as an exhibit to the Registration Statement. We do not admit by giving this consent that we are in the
category of persons whose consent is required under Section&nbsp;7 of the Securities Act and the rules and regulations thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%">&nbsp;</TD>
    <TD STYLE="width: 40%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Respectfully submitted,</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ EVERSHEDS SUTHERLAND (US) LLP</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>5
<FILENAME>ea147227ex23-2_trinity.htm
<DESCRIPTION>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0pt; text-align: right"><B>Exhibit 23.2</B></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Consent of Independent Registered Public Accounting Firm</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt">We consent to the incorporation by reference in the Registration Statement
(Form S-8) pertaining to the 2019 Trinity Capital Inc. Long Term Incentive Plan and the Trinity Capital Inc. 2019 Non-Employee Director
Restricted Stock Plan of Trinity Capital Inc. of our report dated March 4, 2021, with respect to the consolidated financial statements
of Trinity Capital Inc. included in its Annual Report (Form 10-K) for the year ended December 31, 2020, filed with the Securities and
Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt">/s/ Ernst&nbsp;&amp; Young LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt">Los Angeles, California</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt">September 14, 2021</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>ex5-1_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex5-1_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1"  R ,P# 2(  A$! Q$!_\0
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MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#Z9_X(]?\
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M6](\,:CX1?Q=X5\/2/8^"I=:T75-=\1W*^(=*\+Q:9HFKZC_ &M<+K-QIO\
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MME]7HNFKWV _1(=1]1_.OY5O^#>+]D/]D_XW?L-?%'QG\9_V8_V>_BWXP?\
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M_JOA*TG\IUU?XAZM&GAWX<:((96 N!JWCC5]!LI8E#-]FEGDVE8VJ@/Y+?\
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M_LC_ !R!! ((_P"$#UC@@\&BBK>S]'^0'1?\$K@%_P"":'[ :J  /V/OV>@
M   !\+O#6  . !Z"OFO_ (.!P#_P1E_X*"Y /_%CF///(\9>%"#]00"/0C-%
M%"^%>B_0#[]_8Y '[(G[*P   _9N^!H '  'PP\+X '8"OQYU-5_XB??#3[5
MW_\ #HC5%W8&[;_PT5.<;L9QGG&<444ND?6/Y >'?\';Q*?\$P? 4J$K)#^V
M'\))H9%)5XIHOA_\8GBEC<8:.6-P'CD4AD8!E((!K_-M7QMXSF>&.7Q=XGEC
MFGMXY4DU_5726.6>-)$D5KLJZ2(S*ZL"KJQ5@02***SG\7R0'^WEX(MK>S\'
M>#[2T@AM;2U\,>'K:VMK:)(+>VMX-)LXH8((8E6.&&&-5CBBC54C151%"@ ?
M@1_P;, #_@GQ\3\ #_C._P#;%Z #I\2$ Z>@ 'T '0445KV^?Y ><?%&./P_
M_P '5/[,4N@HFB2^/?\ @FS\0HO'4FD*NFR>-(M&\0^/'TB/Q8]D(6\1QZ4^
MBZ,VFIK!O%L6TG3&M1$;"U,7DW_!WN[Q?\$_/@#/$[1SV_[7OAF>WFC8I+!/
M%\'_ (PO%-#(I#Q2QN \<B%71@&4@@&BBI?PR]7^@'\#?[*WBKQ1JW[5'[+N
MEZIXDU[4M,U/]I7X!V&I:=J&L:A>6.H6-Y\6O"%O>65[:7%Q);W=I=02207-
MM/')#/#(\4J,C,I_T</^#G("Y_8=_9QT>Y N-(\0_P#!1W]D/1M?TN<"73M<
MT>76/%UW+I6L6,FZVU/39+JSM+F2QO8I[5[BUMIFB,D$3*45,?AD!_1@%5 $
M151$ 5%4!555&%55& JJ        ,5_.18@:3_P=*:VNE :8OBK_ ()06EQX
MH&G@68\23Z7\9K2WTR?7A;>6-8FTZ"TM(;"34/M#V<-K;QV[1I#&JE%6_L_X
MOT8'0_\ !7@ _P#!3#_@WV) )'[7OQ[P2 2/^+2^'NA[=!^0]*_H1N+6UOK>
MXL;ZVM[RRO+>:UO+.ZACN+6ZM;B)X;BVN;>97BGMYXG>*:&5'CEC9D=65B"4
M4UN_7]$!_,O_ ,&N^EZ9HG[-?[=NC:+IUAI&D:3_ ,%)_P!H#2]*TK2[2WT_
M3=,TS3O#_P /K+3].T^QM(X;6RL+"S@@M+*TMHHK>UMH8H((XXHT0?BA_P '
MB=]>Z7^U]^R%?Z9>76G7\7[-'B^*.]L;B:TNXXYOBM(DL:7-N\<R)*A*R(KA
M74E6!!Q114/X%\OS8'Y>?\$!/A]X"^.?_!1?X):1\;/!'A#XPZ3;:[Y]OI?Q
M3\-:-\0=.MY[6%[FVFALO%MEJ]M%+;W,45Q!)'$KPSQI+&5D16'^JZL<<2K%
E$B111*L<4<:JD<<: *D:(H"HB* JJH"JH    %%%.'P_-@?_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
