Key facts
- This page summarizes William E. Siwek's Form 4 filing for TPI COMPOSITES, INC (TPIC).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 04 Jan 2023, 15:12.
William E. Siwek - 31 Dec 2022 Form 4 Insider Report for TPI COMPOSITES, INC (TPIC)
- Reporting relationship
- President and CEO
- Issuer ticker
- TPIC
- Reported as of
- 31 Dec 2022
- Net transaction value
- -$204,412
- SEC form
- 4
- Accepted by SEC
- 04 Jan 2023, 15:12:43 UTC
- Prior SEC filing
- 20 Sep 2022
- Next SEC filing
- 14 Mar 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Steven G. Fishbach, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
William E. Siwek filed Form 4 for TPI COMPOSITES, INC (TPIC) on 04 Jan 2023.
Change
- Previous filing in this sequence was filed on 20 Sep 2022.
- Current net transaction value: -$204,412.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
TPIC
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +47,938
- Change %
- +37%
- Price
- $0.000000
- Shares after
- 175,973
- Date
- 31 Dec 2022
- Ownership
- Direct
TPIC
transaction
Common Stock
Tax liability
- Transaction value
- $204,412
- Shares
- -20,159
- Change %
- -11%
- Price
- $10.14
- Shares after
- 155,814
- Date
- 31 Dec 2022
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TPIC
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -47,938
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 31 Dec 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 47,938
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 47,938 performance based restricted stock units ("Performance Based RSUs").
Footnote F2
The Performance Based RSUs vested in full on December 31, 2022. The reporting person was eligible to receive 100% of the Performance Based RSUs if (i) the Issuer's 30 day, volume weighted average stock price exceeded the following stock price hurdles: $30, $38 and $43; and (ii) the reporting person provided continuous service to the Issuer, during the applicable performance period of the underlying award (March 11, 2020 to December 31, 2022).
Footnote 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.