4//SEC Filing
Schumaker Bryan Robert 4
Accession 0001562180-20-002495
CIK 0001455684other
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 4:26 PM ET
Size
8.6 KB
Accession
0001562180-20-002495
Insider Transaction Report
Form 4
Schumaker Bryan Robert
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2020-03-11+19,620→ 19,620 total→ Common Stock (19,620 underlying) - Award
Restricted Stock Units
2020-03-11+14,388→ 14,388 total→ Common Stock (14,388 underlying)
Footnotes (3)
- [F1]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
- [F2]The RSUs will vest in three tranches: 1/3 will vest upon the Issuer's common stock achieving a market price of $30, 1/3 will vest upon the Issuer's common stock achieving a market price of $38 and 1/3 will vest upon the Issuer's common stock achieving a market price of $43, in each case during the performance period starting on January 1, 2020 and ending on December 31, 2022; provided, that the Reporting Person continues to provide services to the Issuer through the vesting period.
- [F3]100% of the RSUs will vest on March 11, 2023; provided, that the Reporting Person continues to provide services to the Issuer through the vesting date.
Documents
Issuer
TPI COMPOSITES, INC
CIK 0001455684
Entity typeother
Related Parties
1- filerCIK 0001362345
Filing Metadata
- Form type
- 4
- Filed
- Mar 12, 8:00 PM ET
- Accepted
- Mar 13, 4:26 PM ET
- Size
- 8.6 KB