Bransfield Stephen 4
4 · TPI COMPOSITES, INC · Filed May 17, 2018
Insider Transaction Report
Form 4
Bransfield Stephen
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-05-15−3,740→ 12,000 total→ Common Stock (3,740 underlying) - Award
Restricted Stock Units
2018-05-15+3,397→ 15,397 total→ Common Stock (3,397 underlying) - Exercise/Conversion
Common Stock
2018-05-15+3,740→ 9,740 total
Footnotes (2)
- [F1]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. This award was granted pursuant to the Company's Amended and Restated Non-Employee Director's Compensation Policy.
- [F2]All restricted stock units vest on the earlier of (i) the one-year anniversary of the Grant Date or (ii) the next Annual Meeting of Stockholders, subject to the Awardee's continued service as a director of the Board with the Company through such date.