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