4//SEC Filing
Castle Thomas J 4
Accession 0001562180-21-000079
CIK 0001455684other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:04 PM ET
Size
9.4 KB
Accession
0001562180-21-000079
Insider Transaction Report
Form 4
Castle Thomas J
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2020-12-31+7,981→ 7,981 total - Exercise/Conversion
Restricted Stock Units
2020-12-31−7,981→ 0 total→ Common Stock (7,981 underlying) - Tax Payment
Common Stock
2020-12-31$52.78/sh−3,428$180,930→ 4,553 total
Footnotes (3)
- [F1]Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 7,981 performance based restricted stock units ("Performance Based RSUs").
- [F2]The Performance Based RSUs vested in full on December 31, 2020. The reporting person was eligible to receive 100% of the Performance Based RSUs if (i) the Issuer's 30 day, volume weighted average stock price exceeded the following stock price hurdles: $28, $33 and $38; and (ii) the reporting person provided continuous service to the Issuer, during the applicable performance period of the underlying award (March 14, 2018 to December 31, 2020).
- [F3]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.
Documents
Issuer
TPI COMPOSITES, INC
CIK 0001455684
Entity typeother
Related Parties
1- filerCIK 0001678414
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:04 PM ET
- Size
- 9.4 KB