GIOVACCHINI PAUL G 4
4 · TPI COMPOSITES, INC · Filed May 27, 2025
Insider Transaction Report
Form 4
GIOVACCHINI PAUL G
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2025-05-22+15,067→ 97,934 total - Exercise/Conversion
Restricted Stock Units
2025-05-22−15,067→ 15,067 total→ Common Stock (15,067 underlying)
Footnotes (2)
- [F1]Pursuant to the Company's Non-Employee Directors' Deferred Compensation Program, the Reporting Person has elected to defer 50% of the vesting of the restricted stock units (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. 50% of the RSUs vested in full on the one-year anniversary of the grant date, pursuant to the Issuer's Non-Employee Director Compensation Policy.
- [F2]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.