Gopalakrishnan Ramesh 4
4 · TPI COMPOSITES, INC · Filed Mar 14, 2023
Insider Transaction Report
Form 4
Gopalakrishnan Ramesh
Chief Operating Officer - Wind
Transactions
- Exercise/Conversion
Common Stock
2023-03-11+16,998→ 52,854 total - Tax Payment
Common Stock
2023-03-13$12.90/sh−7,029$90,674→ 45,825 total - Exercise/Conversion
Restricted Stock Units
2023-03-11−16,998→ 0 total→ Common Stock (16,998 underlying)
Footnotes (3)
- [F1]Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 16,998 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.