DeRosa Michael Lawrence 4
4 · TPI COMPOSITES, INC · Filed May 16, 2019
Insider Transaction Report
Form 4
DeRosa Michael Lawrence
Director10% Owner
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-05-14−3,397→ 0 total→ Common Stock (3,397 underlying) - Award
Restricted Stock Units
2019-05-14+4,089→ 4,089 total→ Common Stock (4,089 underlying) - Exercise/Conversion
Common Stock
2019-05-14+3,397→ 10,017 total
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock. All unvested RSUs will automatically expire upon the Reporting Person's termination of service from the Issuer. This award was granted pursuant to the Company's Amended and Restated Non-Employee Director's Compensation Policy.
- [F2]All RSUs 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 Reporting Person's continued service as a director of the Board with the Company through such date.