Schumaker Bryan Robert 4
4 · TPI COMPOSITES, INC · Filed Mar 4, 2021
Insider Transaction Report
Form 4
Schumaker Bryan Robert
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2021-03-02$22.01/sh+52,614$1,158,034→ 53,684 total - Sale
Common Stock
2021-03-02$48.94/sh−12,812$626,965→ 40,872 total - Sale
Common Stock
2021-03-02$49.91/sh−14,753$736,256→ 26,119 total - Sale
Common Stock
2021-03-02$51.12/sh−13,221$675,908→ 12,898 total - Sale
Common Stock
2021-03-02$51.94/sh−6,124$318,058→ 6,774 total - Sale
Common Stock
2021-03-02$53.18/sh−700$37,226→ 6,074 total - Exercise/Conversion
Stock Options (Right to buy)
2021-03-02−52,614→ 87,688 totalExercise: $22.01Exp: 2029-05-14→ Common Stock (52,614 underlying) - Sale
Common Stock
2021-03-02$54.05/sh−5,004$270,466→ 1,070 total
Footnotes (8)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2020.
- [F2]This transaction was executed in multiple trades at prices ranging from $48.55 to $49.54. The price reported above reflects the weighted-average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]This transaction was executed in multiple trades at prices ranging from $49.57 to $50.57. The price reported above reflects the weighted-average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]This transaction was executed in multiple trades at prices ranging from $50.58 to $51.58. The price reported above reflects the weighted-average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F5]This transaction was executed in multiple trades at prices ranging from $51.59 to $52.57. The price reported above reflects the weighted-average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F6]This transaction was executed in multiple trades at prices ranging from $52.71 to $53.56. The price reported above reflects the weighted-average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F7]This transaction was executed in multiple trades at prices ranging from $53.89 to $54.66. The price reported above reflects the weighted-average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F8]The option representing a right to purchase a total of 140,302 shares, 25% of the Option Shares shall vest on the first anniversary of the grant date and thereafter 6.25% of the Option Shares shall vest per quarter on each quarterly anniversary date for the ensuing 12 quarters until the 12th ensuing quarter whereby all remaining shares shall vest. provided, that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.