Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TPIC | Restricted Stock Units | Award | $0 | +19.7K | $0.00 | 19.7K | Mar 21, 2023 | Common Stock | 19.7K | Direct | F1, F2 |
Id | Content |
---|---|
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. |
F2 | The RSUs will vest in three tranches: 25% vests on the first anniversary of the grant date, 25% vests on the second anniversary of the grant date and 50% vests on the third anniversary of the grant date; provided, that the Reporting Person continues to provide services to the Issuer through the vesting period. |