SEC Form 4 · accession 0000899243-17-018898
TPI COMPOSITES, INC · TPIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Alton Hughes
Director
Period of report
Jul 22, 2017
Accepted (ET)
Jul 25, 2017 · 4:57 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 Stock | Jul 22, 2017 | M | 2,880 | $0.00 | A | 16,516 | D |
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 | — | Jul 22, 2017 | M | 2,880 | D | — | — | Common Stock | 2,880 | 0 | D |
Explanation of responses
- F1The restricted stock units shall vest in full on the first year anniversary of the initial public offering; provided, that the Reporting Person continues to provide service to the Issuer through the vesting date.
- F2Each restricted stock unit represents a contingent right to receive one share of the common stock. All unvested restricted stock units will automatically expire upon Reporting Person's termination of service from Issuer.