Siwek William E 4
4 · TPI COMPOSITES, INC · Filed Mar 12, 2025
Insider Transaction Report
Form 4
Siwek William E
President and CEO
Transactions
- Exercise/Conversion
Common Stock
2025-03-10+32,875→ 256,716 total - Exercise/Conversion
Restricted Stock Units
2025-03-10−32,875→ 0 total→ Common Stock (32,875 underlying) - Tax Payment
Common Stock
2025-03-10$1.02/sh−9,156$9,339→ 247,560 total
Footnotes (3)
- [F1]Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 32,875 restricted stock units ("RSUs").
- [F2]100% of the RSUs vested in full on the third anniversary of the grant date; provided that the Reporting Person continues to provide service to the Issuer through the vesting date. The RSUs do not have an expiration date.
- [F3]Each 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.