William E. Siwek - Mar 19, 2025 Form 4 Insider Report for TPI COMPOSITES, INC (TPIC)

Role
President and CEO
Signature
/s/ Steven G. Fishbach, Attorney-in-Fact
Stock symbol
TPIC
Transactions as of
Mar 19, 2025
Transactions value $
$0
Form type
4
Date filed
3/21/2025, 04:13 PM
Previous filing
Mar 20, 2025
Next filing
Mar 25, 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TPIC Restricted Stock Units Award $0 +70.1K $0.00 70.1K Mar 19, 2025 Common Stock 70.1K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("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.
F2 The RSUs will vest in three tranches; 25% will vest on the first anniversary of the grant date, 25% will vest on the second anniversary of the grant date and 50% will vest 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.