Lance Morell Marram - 11 Mar 2024 Form 4 Insider Report for TPI COMPOSITES, INC (TPIC)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
12 Mar 2024, 16:03:51 UTC
Prior SEC filing
17 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Steven G. Fishbach, Attorney-in-Fact

Key filing fact

Lance Morell Marram filed Form 4 for TPI COMPOSITES, INC (TPIC) on 12 Mar 2024.

Key facts

  • This page summarizes Lance Morell Marram's Form 4 filing for TPI COMPOSITES, INC (TPIC).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 12 Mar 2024, 16:03.

Change

  • Previous filing in this sequence was filed on 17 Jan 2024.
  • Current net transaction value: -$2,082.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

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
+1,851
Change %
+2%
Price
$0.000000
Shares after
93,782
Date
11 Mar 2024
Ownership
Direct
TPIC transaction

Common Stock

Tax liability

Transaction value
$2,082
Shares
-661
Change %
-0.7%
Price
$3.15
Shares after
93,121
Date
11 Mar 2024
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
-1,851
Change %
-100%
Price
$0.000000*
Shares after
0
Date
11 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,851
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 1,851 restricted stock units("RSUs").

Footnote F2

100% RSUs vested in full on the third anniversary of the grant date; provided that the Reporting Person continues to provide service to the Issuer through the vesting date. The RSUs do not have an expiration date.

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.

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