SEC Form 4 · accession 0000899243-17-018896
TPI COMPOSITES, INC · TPIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel G Weiss
Director · 10% Owner
Period of report
Jul 22, 2017
Accepted (ET)
Jul 25, 2017 · 4:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001455684
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 22, 2017 | M | 2,880 | $0.00 | A | 2,880 | D | |
| Common StockF2 | holding | — | — | — | 3,939,237 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Jul 22, 2017 | M | 2,880 | D | — | — | Common Stock | 2,880 | 0 | D |
Explanation of responses
- F1The Reporting Person is contractually obligated to turn over any proceeds from the sale of these shares to Angeleno Investors II, L.P ("AI II LP") and/or certain entities affiliated with AI II LP. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any.
- F2These securities are held of record by AI II LP and the Reporting Person is the co-founder and member of Angeleno Group, LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of his pecuniary interest therein, if any.
- F3Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock.
- F4All of the RSUs vest on the first anniversary of the effective date of the initial public offering of the Issuer; provided, that the Reporting Person continues to provide service to the Issuer through the vesting date. The RSUs do not have an expiration date.