4//SEC Filing
Schumaker Bryan Robert 4
Accession 0001562180-21-002216
CIK 0001455684other
Filed
Mar 11, 7:00 PM ET
Accepted
Mar 12, 5:03 PM ET
Size
8.7 KB
Accession
0001562180-21-002216
Insider Transaction Report
Form 4
Schumaker Bryan Robert
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2021-03-10+6,155→ 6,155 total→ Common Stock (6,155 underlying) - Award
Restricted Stock Units
2021-03-10+6,005→ 6,005 total→ Common Stock (6,005 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 performance-based RSUs will be credited as follows: 1/3 will be credited upon the Issuer's common stock achieving a market price of $66, 1/3 will be credited upon the Issuer's common stock achieving a market price of $72 and 1/3 will be credited upon the Issuer's common stock achieving a market price of $78, in each case during the performance period from March 10, 2021 through December 31, 2023, and the total credited amount of RSUs will vest on the last day of the performance period so long as the Reporting Person continues to provide service to the Issuer through the performance period.
- [F3]100% of the RSUs will vest on March 10, 2024; 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 11, 7:00 PM ET
- Accepted
- Mar 12, 5:03 PM ET
- Size
- 8.7 KB