SEC Form 4 · accession 0000899243-17-013786
TPI COMPOSITES, INC · TPIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Alton Hughes
Director
Period of report
May 16, 2017
Accepted (ET)
May 18, 2017 · 6:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001455684
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | May 16, 2017 | A | 3,740 | A | — | — | Common Stock | 3,740 | 3,740 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock. All unvested RSUs will automatically expire upon the Reporting Person's termination of service from the Issuer.
- F2The RSUs shall vest in full on the first year anniversary of the grant date; provided, that the Reporting Person continues to provide service to the Issuer through the vesting date. The Reporting Person was granted the RSUs on the date of the Issuer's annual stockholder meeting pursuant to the Issuer's Non-Employee Director Compensation Policy.