TPI COMPOSITES, INC 4
4 · TPI COMPOSITES, INC · Filed May 18, 2017
Insider Transaction Report
Form 4
Bransfield Stephen
Director
Transactions
- Award
Restricted Stock Units
2017-05-16+3,740→ 3,740 total→ Common Stock (3,740 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock. All unvested RSUs will automatically expire upon the Reporting Person's termination of service from the Issuer.
- [F2]The RSUs shall vest in full on the first year anniversary of the grant date; provided, that the Reporting Person continues to provide service to the Issuer through the vesting date. The Reporting Person was granted the RSUs on the date of the Issuer's annual stockholder meeting pursuant to the Issuer's Non-Employee Director Compensation Policy.