4//SEC Filing
Moir Andrew 4
Accession 0001562180-22-005736
CIK 0001455684other
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 8:25 PM ET
Size
10.1 KB
Accession
0001562180-22-005736
Insider Transaction Report
Form 4
Moir Andrew
Director
Transactions
- Award
Stock Options (Right to buy)
2022-07-19$11.13/sh+9,036$100,571→ 9,036 totalExercise: $11.13Exp: 2032-07-19→ Common Stock (9,036 underlying) - Award
Restricted Stock Units
2022-07-19+9,361→ 9,361 total→ Common Stock (9,361 underlying)
Footnotes (4)
- [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 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 Second Amended and Restated Non-Employee Director Compensation Policy.
- [F3]The Reporting Person is contractually obligated to turn over any proceeds from the sale of these shares to one or more entities affiliated with Oaktree Capital Management's Power Opportunities Investment Strategy. 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.
- [F4]Vesting is over a four year period with 25% of the shares subject to the Option vesting on each anniversary of the Grant Date, subject to the Awardee's continued service as a director of the Board through each applicable vesting date. This award was granted on the date of the Reporting Person's appointment to the Issuer's Board of Directors pursuant to the Issuer's Second Amended and Restated Non-Employee Director Compensation Policy.
Documents
Issuer
TPI COMPOSITES, INC
CIK 0001455684
Entity typeother
Related Parties
1- filerCIK 0001935223
Filing Metadata
- Form type
- 4
- Filed
- Jul 20, 8:00 PM ET
- Accepted
- Jul 21, 8:25 PM ET
- Size
- 10.1 KB