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4//SEC Filing

Lowry Jennifer Elaine 4

Accession 0001127602-24-027321

CIK 0001455684other

Filed

Nov 13, 7:00 PM ET

Accepted

Nov 14, 8:03 PM ET

Size

8.3 KB

Accession

0001127602-24-027321

Insider Transaction Report

Form 4
Period: 2024-11-13
Transactions
  • Award

    Stock Option (Right to Buy)

    2024-11-13$2.12/sh+37,268$79,00837,268 total
    Exercise: $2.12Exp: 2034-11-13Common Stock (37,268 underlying)
  • Award

    Restricted Stock Unit

    2024-11-13+31,84031,840 total
    Common Stock (31,840 underlying)
Footnotes (3)
  • [F1]Vesting is over a four year period with 25% of the shares subject to the Option vesting on each anniversary of the Grant Date, subject to the Awardee's continued service as a director of the Board through each applicable vesting date. This award was granted on the date of the Reporting Person's appointment to the Issuer's Board of Directors pursuant to the Issuer's Non-Employee Director Compensation Policy.
  • [F2]Pursuant to the Company's Non-Employee Directors' Deferred Compensation Program, the Reporting Person has elected to defer the vesting of the RSUs until the earliest of (i) the Reporting Person ceasing to be a director of the Company, (ii) the Reporting Person's death or disability, or (iii) a change of control of the Company.
  • [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock. All unvested RSUs will automatically expire upon Reporting Person's termination of service from Issuer.

Issuer

TPI COMPOSITES, INC

CIK 0001455684

Entity typeother

Related Parties

1
  • filerCIK 0001748373

Filing Metadata

Form type
4
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 8:03 PM ET
Size
8.3 KB