McFeely Mark R. 4
4 · TPI COMPOSITES, INC · Filed Mar 9, 2018
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2018-03-07+4,102→ 8,648 total - Exercise/Conversion
Restricted Stock Units
2018-03-07−4,102→ 16,408 total→ Common Stock (4,102 underlying) - Tax Payment
Common Stock
2018-03-07$20.27/sh−1,824$36,972→ 6,824 total
Footnotes (3)
- [F1]Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 4,102 restricted stock units.
- [F2]20% of this restricted stock unit award vested on March 7, 2018, 30% of the restricted stock units of this award will vest on March 7, 2019, and 50% of the restricted stock units of this award will vest on March 7, 2020; 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.