Gopalakrishnan Ramesh 4
4 · TPI COMPOSITES, INC · Filed Mar 9, 2022
Insider Transaction Report
Form 4
Gopalakrishnan Ramesh
Chief Operating Officer - Wind
Transactions
- Exercise/Conversion
Common Stock
2022-03-07+2,563→ 9,947 total - Exercise/Conversion
Restricted Stock Units
2022-03-07−2,563→ 0 total→ Common Stock (2,563 underlying) - Tax Payment
Common Stock
2022-03-07$12.73/sh−1,078$13,723→ 8,869 total
Footnotes (3)
- [F1]Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 2,563 restricted stock units ("RSUs").
- [F2]100% of the 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.
- [F3]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.