Ryan D. Miller - 27 Feb 2024 Form 4 Insider Report for TPI COMPOSITES, INC (TPIC)

Signature
/s/ Steven G. Fishbach, Attorney-in-Fact
Issuer symbol
TPIC
Transactions as of
27 Feb 2024
Net transactions value
+$111,900
Form type
4
Filing time
29 Feb 2024, 16:14:12 UTC
Previous filing
28 Aug 2023
Next filing
20 Mar 2024

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 Stock Options (Right to buy) Award $111,900 +30,000 $3.73 30,000 27 Feb 2024 Common Stock 30,000 $3.73 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 33% of these securities vest on the first anniversary of the effective date of the grant and 8.275% vest on each quarterly anniversary thereafter, such that 100% of these securities vest on the third anniversary of this grant; provided, that the Reporting Person continues to be employed by the Issuer through each applicable vesting date.