Moller Lars 4
4 · TPI COMPOSITES, INC · Filed Jul 25, 2017
Insider Transaction Report
Form 4
Moller Lars
EVP, Bus. Dev and Strategy
Transactions
- Tax Payment
Common Stock
2017-07-24$18.37/sh−2,063$37,897→ 5,137 total - Exercise/Conversion
Restricted Stock Units
2017-07-22−7,200→ 14,400 total→ Common Stock (7,200 underlying) - Exercise/Conversion
Common Stock
2017-07-22+7,200→ 7,200 total
Footnotes (3)
- [F1]Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 7,200 restricted stock units.
- [F2]One-third of the restricted stock units vest on each of the first, second and third anniversaries of the effective date of the initial public offering of the Issuer; provided, that the Reporting Person continues to provide service to the Issuer through each applicable vesting date. The restricted stock units do not have an expiration date.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the common stock. All unvested restricted stock units will automatically expire upon Reporting Person's termination of service from Issuer.