SEC Form 4 · accession 0001562180-17-002796
TPI COMPOSITES, INC · TPIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Kishkill
Officer — Chief Commercial Officer
Period of report
Aug 24, 2017
Accepted (ET)
Aug 28, 2017 · 4:51 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to buy)F1 | $20.05 | Aug 24, 2017 | A | 150,000 | A | Aug 24, 2018 | Aug 24, 2027 | Common Stock | 150,000 | 150,000 | D |
Explanation of responses
- F125% of these securities vest on the first anniversary of the effective date of the grant and 6.25% vest on each quarterly anniversary thereafter, such that 100% of these securities vest on the fourth anniversary of this grant; provided, that the Reporting Person continues to provide service to the Issuer through each applicable vesting date.