0001562180-22-000486 4 1 20220112 20220114 20220114 Fishbach Steven G 0001678418 4 34 001-37839 22532905 C/O TPI COMPOSITES, INC. 8501 N. SCOTTSDALE ROAD, SUITE 100 SCOTTSDALE AZ 85253 TPI COMPOSITES, INC 0001455684 3510 201590775 1231 8501 N SCOTTSDALE ROAD GAINEY CENTER II, SUITE 100 SCOTTSDALE AZ 85253 480-305-8910 8501 N SCOTTSDALE ROAD GAINEY CENTER II, SUITE 100 SCOTTSDALE AZ 85253 TPI COMPOSITES INC 20090206 4 1 primarydocument.xml PRIMARY DOCUMENT FORM 4 OMB APPROVAL [ ] Check this OMB Number: box if no longer UNITED STATES SECURITIES AND EXCHANGE COMMISSION 3235-0287 subject to Washington, D.C. 20549 Estimated Section 16. Form STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF average burden 4 or Form 5 SECURITIES hours per obligations may response... 0.5 continue. See Instruction 1(b). Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 1. Name and Address of Reporting 2. Issuer Name and Ticker 5. Relationship of Person * or Trading Symbol Reporting Person(s) to Fishbach Steven G TPI COMPOSITES, INC [ TPIC Issuer (Check all ] applicable) _____ Director _____ 10% Owner __X__ Officer (give title (Last) (First) (Middle) 3. Date of Earliest below) _____ Other 8501 NORTH SCOTTSDALE Transaction (MM/DD/YYYY) (specify below) ROAD,, GAINEY CENTER II, SUITE 1/12/2022 General Counsel and 100 Secretary (Street) 4. If Amendment, Date 6. Individual or SCOTTSDALE, AZ 85253 Original Filed Joint/Group Filing (Check (City) (State) (Zip) (MM/DD/YYYY) Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security 2. 2A. 3. Trans. 4. Securities 5. Amount of 6. Ownership 7. Nature of (Instr. 3) Trans. Deemed Code Acquired (A) or Securities Form: Direct Indirect Date Execution (Instr. 8) Disposed of (D) Beneficially (D) or Beneficial Date, if (Instr. 3, 4 and Owned Indirect (I) Ownership any 5) Following (Instr. 4) (Instr. 4) Reported Transaction(s) (Instr. 3 and 4) (A) or Code V Amount (D) Price Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivate 2. 3. Trans. Date 3A. Deemed 4. Trans. Code 5. Number of 6. Date Exercisable and Expiration Date 7. Title and Amount of 8. Price 9. Number of 10. 11. Nature Security Conversion Execution (Instr. 8) Derivative Securities Securities Underlying of derivative Ownership of (Instr. 3) or Date, if Acquired (A) or Derivative Security Derivative Securities Form of Indirect Exercise any Disposed of (D) (Instr. 3 and 4) Security Beneficially Derivative Beneficial Price of (Instr. 3, 4 and 5) (Instr. 5) Owned Security: Ownership Derivative Following Direct (D) (Instr. 4) Security Reported or Transaction(s) Indirect Amount or (Instr. 4) (I) Date Exercisable Expiration Date Title Number of (Instr. 4) Code V (A) (D) Shares Restricted Stock (1) 1/12/2022 A 29653.00 (1) (2) (3) (1) (2) (3) Common Stock 29653.00 $0.00 29653.00 D Units Explanation of Responses: (1) 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. (2) 50% of the restricted stock unit award vests on the first anniversary of the grant date and the remaining 50% of the restricted stock unit award vests on the second anniversary date of the grant date. (3) Subject to the reporting person remaining a service provider to the Company through and including the second anniversary of the date of the above award, if the aggregate market value of the total number of shares issued pursuant to the award as of such date, together with the aggregate market value of any shares underlying this award that have been sold before such date, is less than the aggregate market value of the total number of shares issuable as of original grant date (in each case, as measured by reference to the closing market prices of the Company's common stock on said dates), then the reporting person will receive additional fully vested shares on such second anniversary date with an aggregate market value equal to the difference between the two amounts. Any such additional shares shall be issued pursuant to, and shall be subject to, the terms of the Company's 2015 Stock Option and incentive Plan and the applicable award agreement thereunder. Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Fishbach Steven G 8501 NORTH SCOTTSDALE ROAD, General Counsel and GAINEY CENTER II, SUITE 100 Secretary SCOTTSDALE, AZ 85253 Signatures /s/ Steven G. Fishbach 1/14/2022 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. 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