Lockard Steven C 4
4 · TPI COMPOSITES, INC · Filed Mar 9, 2022
Insider Transaction Report
Form 4
Lockard Steven C
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-03-07−23,261→ 0 total→ Common Stock (23,261 underlying) - Exercise/Conversion
Common Stock
2022-03-07+23,261→ 510,706 total(indirect: By Trust)
Footnotes (2)
- [F1]100% of the restricted stock units ("RSUs") vested in full on the third anniversary of the grant date; provided that the Reporting Person continues to provide service to the Issuer through the vesting date. The RSUs do not have an expiration date.
- [F2]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.