Weiss Daniel G 4
4 · TPI COMPOSITES, INC · Filed May 20, 2021
Insider Transaction Report
Form 4
Weiss Daniel G
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2021-05-18+4,363→ 18,469 total - Exercise/Conversion
Restricted Stock Units
2021-05-18−4,363→ 0 total→ Common Stock (4,363 underlying) - Award
Restricted Stock Units
2021-05-18+2,335→ 2,335 total→ Common Stock (2,335 underlying)
Holdings
- 27,571(indirect: See Footnote)
Common Stock
Footnotes (4)
- [F1]The Reporting Person is contractually obligated to turn over any proceeds from the sale of these shares to Angeleno Investors II, L.P ("AI II LP") and/or certain entities affiliated with AI II LP. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any.
- [F2]These securities are held directly by AI II LP. Angeleno Group Management II, LLC is the General Partner of AI II LP and Angeleno Group, LLC is the Managing Member of Angeleno Group Management II, LLC. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended, except to the extent of its pecuniary interest therein, if any.
- [F3]The restricted stock units ("RSUs ") shall vest on the earlier of (i) the one-year anniversary of the grant date or (ii) the next annual meeting of stockholders of the Issuer, subject to the Reporting Person's continued service as a director pursuant to the Issuer's Non-Employee Director Compensation Policy.
- [F4]Each 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.