Adan Gossar - Mar 18, 2024 Form 4 Insider Report for TPI COMPOSITES, INC (TPIC)

Role
Chief Accounting Officer
Signature
/s/ Steven G. Fishbach, Attorney-in-Fact
Stock symbol
TPIC
Transactions as of
Mar 18, 2024
Transactions value $
$0
Form type
4
Date filed
3/20/2024, 04:25 PM
Previous filing
Mar 12, 2024
Next filing
Mar 22, 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 Restricted Stock Units Award $0 +7.31K $0.00 7.31K Mar 18, 2024 Common Stock 7.31K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.