Bavan M. Holloway Under A. - 18 May 2021 Form 4 Insider Report for TPI COMPOSITES, INC (TPIC)

Role: Director
Signature: /s/ Steven G. Fishbach, Attorney-in-Fact
Issuer symbol: TPIC
Transactions as of: 18 May 2021
Net transactions value: $0
Form type: 4
Filing time: 20 May 2021, 16:15:21 UTC
Next filing: 04 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPIC	Common Stock	Options Exercise	$0	+1,781		$0.000000	1,781	18 May 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TPIC	Restricted Stock Units	Options Exercise	$0	-1,781	-100%	$0.000000^*	0	18 May 2021	Common Stock	1,781		Direct	F1, F2
transaction	TPIC	Restricted Stock Units	Award	$0	+2,335		$0.000000	2,335	18 May 2021	Common Stock	2,335		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units ("RSUs ") shall vest on the earlier of (i) the one-year anniversary of the grant date or (ii) the next annual meeting of stockholders of the Issuer, subject to the Reporting Person's continued service as a director pursuant to the Issuer's Non-Employee Director Compensation Policy.
F2	Each RSU represents a contingent right to receive one share of Common Stock. All unvested RSUs will automatically expire upon the Reporting Person's termination of service from the Issuer.