0000899243-16-025663 4 1 20160721 20160725 20160725 TPI COMPOSITES, INC 0001455684 3510 000000000 DE 8501 N SCOTTSDALE ROAD GAINEY CENTER II, SUITE 280 SCOTTSDALE AZ 85253 480-305-8910 8501 N SCOTTSDALE ROAD GAINEY CENTER II, SUITE 280 SCOTTSDALE AZ 85253 TPI COMPOSITES INC 20090206 Element II G.P., LLC 0001678834 DE 1231 4 34 001-37839 161782937 THREE RADNOR CORP. CTR., SUITE 410 RADNOR PA 19087 610-964-8004 THREE RADNOR CORP. CTR., SUITE 410 RADNOR PA 19087 Element Partners II G.P., L.P. 0001678851 DE 1231 4 34 001-37839 161782938 THREE RADNOR CORP. CTR., SUITE 410 RADNOR PA 19087 610-964-8004 THREE RADNOR CORP. CTR., SUITE 410 RADNOR PA 19087 ELEMENT PARTNERS II INTRAFUND LP 0001442909 DE 4 34 001-37839 161782939 C/O ELEMENT VENTURE PARTNERS LLC 100 MATSONFORD ROAD, SUITE 410 RADNOR PA 19087 610-964-8004 C/O ELEMENT VENTURE PARTNERS LLC 100 MATSONFORD ROAD, SUITE 410 RADNOR PA 19087 ELEMENT PARTNERS II LP 0001435350 DE 4 34 001-37839 161782940 C/O ELEMENT VENTURE PARTNERS LLC THREE RADNOR CORPORATE CENTER, SUITE 410 RADNOR PA 19087 610-964-8004 C/O ELEMENT VENTURE PARTNERS LLC THREE RADNOR CORPORATE CENTER, SUITE 410 RADNOR PA 19087 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-07-21 0 0001455684 TPI COMPOSITES, INC TPIC 0001435350 ELEMENT PARTNERS II LP THREE RADNOR CORP. CTR., SUITE 410 RADNOR PA 19087 0 0 1 0 0001442909 ELEMENT PARTNERS II INTRAFUND LP THREE RADNOR CORP. CTR., SUITE 410 RADNOR PA 19087 0 0 1 0 0001678851 Element Partners II G.P., L.P. THREE RADNOR CORP. CTR., SUITE 410 RADNOR PA 19087 0 0 1 0 0001678834 Element II G.P., LLC THREE RADNOR CORP. CTR., SUITE 410 RADNOR PA 19087 0 0 1 0 Series B Warrants 8748.81 2016-07-21 4 X 0 69.7239 0.00 D Series B Convertible Preferred Stock 69.7239 0 D Series B Convertible Preferred Stock 2016-07-21 4 X 0 69.7239 0.00 A Common Stock 89446 69.7239 D Series B Convertible Preferred Stock 2016-07-21 4 S 0 43.2284 0.00 D Common Stock 55455 26.4955 D The Series B Warrants were deemed automatically exercised prior to the closing of the Issuer's initial underwritten public offering of Common Stock pursuant to a registration statement on Form S-1, which public offering has been declared effective by the SEC. These securities were exercisable for a period ending upon the earliest to occur of (i) seven (7) years after the Effective Date, (ii) the date of the Issuer's initial public offering, or (iii) the date of a merger event, as defined therein. The Series B Convertible Preferred Stock (the "Series B Shares") is convertible at any time into shares of the Issuer's Common Stock at the holder's election and automatically convert, upon the closing of the Issuer's initial public offering, into the number of shares of Common Stock shown in column 7 above. These securities do not have an expiration date. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 43.2284 of the Series B Shares to pay the exercise price and issuing to the Reporting Person the remaining 26.4955 Series B Shares. /s/ Steven G. Fishbach, Attorney-in-Fact for Element Partners II, L.P. 2016-07-25 /s/ Steven G. Fishbach, Attorney-in-Fact for Element Partners II Intrafund, L.P. 2016-07-25 /s/ Steven G. Fishbach, Attorney-in-Fact for Element Partners II G.P., L.P. 2016-07-25 /s/ Steven G. Fishbach, Attorney-in-Fact for Element II G.P., LLC 2016-07-25