0001562180-22-002621.txt : 20220314
0001562180-22-002621.hdr.sgml : 20220314
20220314190639
ACCESSION NUMBER: 0001562180-22-002621
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220310
FILED AS OF DATE: 20220314
DATE AS OF CHANGE: 20220314
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gossar Adan
CENTRAL INDEX KEY: 0001817603
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37839
FILM NUMBER: 22738275
MAIL ADDRESS:
STREET 1: 8501 NORTH SCOTTSDALE ROAD
STREET 2: SUITE 100
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85253
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TPI COMPOSITES, INC
CENTRAL INDEX KEY: 0001455684
STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510]
IRS NUMBER: 201590775
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 8501 N SCOTTSDALE ROAD
STREET 2: GAINEY CENTER II, SUITE 100
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85253
BUSINESS PHONE: 480-305-8910
MAIL ADDRESS:
STREET 1: 8501 N SCOTTSDALE ROAD
STREET 2: GAINEY CENTER II, SUITE 100
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85253
FORMER COMPANY:
FORMER CONFORMED NAME: TPI COMPOSITES INC
DATE OF NAME CHANGE: 20090206
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2022-03-10
false
0001455684
TPI COMPOSITES, INC
TPIC
0001817603
Gossar Adan
8501 NORTH SCOTTSDALE ROAD
SUITE 100
SCOTTSDALE
AZ
85253
false
true
false
false
* See Remarks
Restricted Stock Units
2022-03-10
4
A
false
3082.00
0.00
A
Common Stock
3082.00
3082.00
D
Restricted Stock Units
2022-03-10
4
A
false
4109.00
0.00
A
Common Stock
4109.00
4109.00
D
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.
The performance-based RSUs will be credited as follows: 1/3 will be credited upon the Issuer's common stock achieving a market price of $21, 1/3 will be credited upon the Issuer's common stock achieving a market price of $27 and 1/3 will be credited upon the Issuer's common stock achieving a market price of $32.50, in each case during the performance period from March 10, 2022 through December 31, 2024, and the total credited amount of RSUs will vest on the last day of the performance period so long as the Reporting Person continues to provide service to the Issuer through the performance period.
100% of the RSUs will vest on March 10, 2025; provided, that the Reporting Person continues to provide services to the Issuer through the vesting date.
*Interim Chief Financial Officer and Chief Accounting Officer
/s/ Steven G. Fishbach, Attorney-in-Fact
2022-03-14