Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TPIC | Common Stock | Options Exercise | $0 | +19.7K | +185.28% | $0.00 | 30.3K | Dec 31, 2022 | Direct | |
transaction | TPIC | Common Stock | Tax liability | -$83.9K | -8.28K | -27.31% | $10.14 | 22K | Dec 31, 2022 | Direct | F1 |
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 | -19.7K | -100% | $0.00* | 0 | Dec 31, 2022 | Common Stock | 19.7K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 19,684 performance based restricted stock units ("Performance Based RSUs"). |
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). |
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. |