Marram Lance Morell 4
4 · TPI COMPOSITES, INC · Filed Mar 14, 2023
Insider Transaction Report
Form 4
Marram Lance Morell
Chief Commercial Officer, Wind
Transactions
- Tax Payment
Common Stock
2023-03-13$12.90/sh−767$9,894→ 13,736 total - Exercise/Conversion
Common Stock
2023-03-11+2,217→ 14,503 total - Exercise/Conversion
Restricted Stock Units
2023-03-11−2,217→ 0 total→ Common Stock (2,217 underlying)
Footnotes (3)
- [F1]Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 2,217 restricted stock units("RSUs").
- [F2]100% 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.