Construction Taahhut A.s. Dere - 04 Feb 2025 Form 4 Insider Report for TPI COMPOSITES, INC (TPIC)

Role
10%+ Owner
Signature
DERE CONSTRUCTION TAAHHUT A.S. By: /s/ Zeki Bora Turan Name: Zeki Bora Turan Title: Chairman of the Board
Issuer symbol
TPIC
Transactions as of
04 Feb 2025
Net transactions value
+$338,290
Form type
4
Filing time
27 Feb 2025, 19:14:43 UTC
Previous filing
14 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPIC Common Stock Purchase $77,910 +49,000 +1.2% $1.59 4,229,232 04 Feb 2025 Direct F1, F2, F3, F9
transaction TPIC Common Stock Purchase $95,040 +66,000 +1.6% $1.44 4,295,232 20 Feb 2025 Direct F1, F2, F4, F9
transaction TPIC Common Stock Purchase $31,240 +22,000 +0.51% $1.42 4,317,232 21 Feb 2025 Direct F1, F2, F5, F9
transaction TPIC Common Stock Purchase $121,600 +80,000 +1.9% $1.52 4,397,232 24 Feb 2025 Direct F1, F2, F6, F9
transaction TPIC Common Stock Purchase $12,500 +10,000 +0.23% $1.25 4,407,232 26 Feb 2025 Direct F1, F9
holding TPIC Common Stock 7,592,209 04 Feb 2025 Direct F7, F9
holding TPIC Common Stock 100 04 Feb 2025 Direct F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of issuer common stock ("Common Stock") are held directly by Dere Construction Taahhut A.S. ("Dere Construction").
F2 Reflects the average purchase price. The reporting person effected multiple same-way open market purchase transactions on the same day at different prices through a trade order executed by a broker dealer. The reporting person reported on a single line all such transactions that occurred within a one-dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares purchased at each separate price.
F3 The range of prices for such transaction is $1.56 to $1.60.
F4 The range of prices for such transaction is $1.42 to $1.48.
F5 The range of prices for such transaction is $1.38 to $1.44.
F6 The range of prices for such transaction is $1.47 to $1.63.
F7 These shares of Common Stock are held directly by Mr. Bora Turan.
F8 These shares of Common Stock are held directly by Mr. Alp Kirmizioglu.
F9 Pursuant to the SEC's beneficial ownership rules, the Reporting Persons may be deemed to be members of a group.