Ryan D. Miller - Feb 27, 2024 Form 4 Insider Report for TPI COMPOSITES, INC (TPIC)

Signature
/s/ Steven G. Fishbach, Attorney-in-Fact
Stock symbol
TPIC
Transactions as of
Feb 27, 2024
Transactions value $
$111,900
Form type
4
Date filed
2/29/2024, 04:14 PM
Previous filing
Aug 28, 2023
Next filing
Mar 20, 2024

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 Stock Options (Right to buy) Award $112K +30K $3.73 30K Feb 27, 2024 Common Stock 30K $3.73 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 33% of these securities vest on the first anniversary of the effective date of the grant and 8.275% vest on each quarterly anniversary thereafter, such that 100% of these securities vest on the third anniversary of this grant; provided, that the Reporting Person continues to be employed by the Issuer through each applicable vesting date.