4//SEC Filing
Lavine Jerrold I 4
Accession 0001562180-22-000490
CIK 0001455684other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 5:53 PM ET
Size
7.0 KB
Accession
0001562180-22-000490
Insider Transaction Report
Form 4
Lavine Jerrold I
President, Transportation
Transactions
- Award
Restricted Stock Units
2022-01-12+18,532→ 18,532 total→ Common Stock (18,532 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]50% of the restricted stock unit award vests on the first anniversary of the grant date and the remaining 50% of the restricted stock unit award vests on the second anniversary date of the grant date.
- [F3]Subject to the reporting person remaining a service provider to the Company through and including the second anniversary of the date of the above award, if the aggregate market value of the total number of shares issued pursuant to the award as of such date, together with the aggregate market value of any shares underlying this award that have been sold before such date, is less than the aggregate market value of the total number of shares issuable as of original grant date (in each case, as measured by reference to the closing market prices of the Company's common stock on said dates), then the reporting person will receive additional fully vested shares on such second anniversary date with an aggregate market value equal to the difference between the two amounts. Any such additional shares shall be issued pursuant to, and shall be subject to, the terms of the Company's 2015 Stock Option and incentive Plan and the applicable award agreement thereunder.
Documents
Issuer
TPI COMPOSITES, INC
CIK 0001455684
Entity typeother
Related Parties
1- filerCIK 0001872040
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 5:53 PM ET
- Size
- 7.0 KB