Siwek William E 4
4 · TPI COMPOSITES, INC · Filed Mar 12, 2024
Insider Transaction Report
Form 4
Siwek William E
President and CEO
Transactions
- Tax Payment
Common Stock
2024-03-11$3.15/sh−6,346$19,990→ 201,470 total - Exercise/Conversion
Restricted Stock Units
2024-03-11−14,809→ 0 total→ Common Stock (14,809 underlying) - Exercise/Conversion
Common Stock
2024-03-11+14,809→ 207,816 total
Footnotes (3)
- [F1]Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 14,809 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.