Fishbach Steven G 4
4 · TPI COMPOSITES, INC · Filed Mar 20, 2025
Insider Transaction Report
Form 4
Fishbach Steven G
General Counsel and Secretary
Transactions
- Exercise/Conversion
Common Stock
2025-03-18+3,401→ 121,165 total - Tax Payment
Common Stock
2025-03-18$1.04/sh−866$901→ 120,299 total - Exercise/Conversion
Restricted Stock Units
2025-03-18−3,401→ 10,204 total→ Common Stock (3,401 underlying)
Footnotes (3)
- [F1]Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 3,401 restricted stock units ("RSUs").
- [F2]25% of the RSUs vested in full on the first anniversary of the grant date, 25% will vest on the second anniversary of the grant date and 50% will vest 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 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.