4//SEC Filing
Marram Lance Morell 4
Accession 0001562180-23-000111
CIK 0001455684other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 4:12 PM ET
Size
9.4 KB
Accession
0001562180-23-000111
Insider Transaction Report
Form 4
Marram Lance Morell
Chief Commercial Officer, Wind
Transactions
- Tax Payment
Common Stock
2022-12-31$10.14/sh−1,046$10,606→ 1,978 total - Exercise/Conversion
Common Stock
2022-12-31+3,024→ 3,024 total - Exercise/Conversion
Restricted Stock Units
2022-12-31−3,024→ 0 total→ Common Stock (3,024 underlying)
Footnotes (3)
- [F1]Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 3,024 performance based restricted stock units ("Performance Based RSUs").
- [F2]The Performance Based RSUs vested in full on December 31, 2022. The reporting person was eligible to receive 100% of the Performance Based RSUs if (i) the Issuer's 30 day, volume weighted average stock price exceeded the following stock price hurdles: $30, $38 and $43; and (ii) the reporting person provided continuous service to the Issuer, during the applicable performance period of the underlying award (March 11, 2020 to December 31, 2022).
- [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.
Documents
Issuer
TPI COMPOSITES, INC
CIK 0001455684
Entity typeother
Related Parties
1- filerCIK 0001899350
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 4:12 PM ET
- Size
- 9.4 KB