Key facts
- This page summarizes William E. Siwek's Form 4 filing for TPI COMPOSITES, INC (TPIC).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 14 Mar 2022, 19:06.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Award
Additional SEC filing notes
Footnote F1
Each restricted stock unit ("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.
Footnote F2
The performance-based RSUs will be credited as follows: 1/3 will be credited upon the Issuer's common stock achieving a market price of $21, 1/3 will be credited upon the Issuer's common stock achieving a market price of $27 and 1/3 will be credited upon the Issuer's common stock achieving a market price of $32.50, in each case during the performance period from March 10, 2022 through December 31, 2024, and the total credited amount of RSUs will vest on the last day of the performance period so long as the Reporting Person continues to provide service to the Issuer through the performance period.
Footnote F3
100% of the RSUs will vest on March 10, 2025; provided, that the Reporting Person continues to provide services to the Issuer through the vesting date.