Upgrade to SI Premium - Free Trial

Form 4 TPI COMPOSITES, INC For: May 14 Filed by: Gopalakrishnan Ramesh

May 16, 2019 8:31 PM
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Gopalakrishnan Ramesh

(Last) (First) (Middle)
8501 NORTH SCOTTSDALE ROAD
GAINEY CENTER II, SUITE 100

(Street)
SCOTTSDALE AZ 85253

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TPI COMPOSITES, INC [ TPIC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer - Wind
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2019
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check 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 (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 05/14/2019 A 9,087 (1) (2) (1) (2) Common Stock 9,087 $ 0 9,087 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock. All unvested RSUs will automatically expire upon Reporting Person's termination of service from Issuer.
2. The RSU award will vest in three equal installments on the first, second and third anniversary of the date of the grant provided, that the Reporting Person continues to provide services to the Issuer through the vesting date.
/s/ Steven G. Fishbach, Attorney-in-Fact 05/16/2019
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
LIMITED POWER OF ATTORNEY

  

     The undersigned hereby 
constitutes
and appoints each of 
Steven G. Fishbach, 
Marlene Neely and 
Bradley C. Weber, 
signing singly, and 
with full power
of substitution, 
the undersigned's 
true and lawful 
attorney-in-fact to:

 

      (1) execute for 
and on behalf
 of the undersigned, 
in the 
undersigned's capacity 
as officer 
and/or director 
of TPI Composites, Inc. 
(the Company), 
from time to time the 
following U.S. 
Securities and Exchange
 Commission 
(SEC) forms: (i) Form ID, 
including any attached 
documents, to effect 
the assignment of codes to the 
undersigned to be used in the 
transmission of information to 
the SEC using the EDGAR System; 
(ii) Form 3, Initial Statement 
of Beneficial Ownership of 
Securities, 
including any attached 
documents;(iii) Form 4, 
Statement of Changes
in Beneficial Ownership of 
Securities,
including any attached 
documents; 
(iv) Form 5, Annual Statement 
of Beneficial 
Ownership of Securities 
in accordance 
with Section 16(a) 
of the Securities 
Exchange Act of 1934, 
as amended, and 
the rules thereunder, 
including any 
attached documents;(v) 
Schedule 13D 
and (vi) amendments of 
each thereof, 
in accordance with the 
Securities Exchange 
Act of 1934, as amended, 
and the rules 
thereunder, including 
any attached documents;



       (2) do and perform 
any and all acts
 for and on behalf of 
the undersigned which
 may be necessary or 
desirable to complete 
and execute any such 
Form 3, 4 or 5, Schedule
13D or any amendment(s) 
thereto, and timely
file such form(s) 
with the SEC and any 
securities exchange, 
national association
 or similar authority; and

       
(3) take any other 
action of any type 
whatsoever in connection 
with the foregoing
 which, in the opinion 
of such 
attorney-in-fact, may 
be of benefit to, 
in the best interest of, 
or legally 
required by, the 
undersigned, it being
understood that the 
documents executed 
by such attorney-in-fact 
on behalf of 
the undersigned pursuant 
to this Power
of Attorney shall be in 
such form and 
shall contain such terms 
and conditions 
as such attorney-in-fact 
may approve in
such attorney-in-facts 
discretion.

       
The undersigned hereby 
grants to each such 
attorney-in-fact, acting 
singly, full power 
and authority to do and 
perform any and 
every act and thing 
whatsoever requisite, 
necessary or proper to 
be done in the 
exercise of any of the 
rights and powers 
herein granted, as 
fully to all intents 
and purposes as the 
undersigned might 
or could do if personally 
present, with 
full power of substitution or 
revocation,
hereby ratifying and 
confirming all 
that such attorney-in-fact, 
or such 
attorney-in-facts 
substitute or 
substitutes, shall 
lawfully do or cause
 to be done by virtue 
of this power of 
attorney and the rights a
nd powers herein 
granted. The undersigned 
acknowledges that 
the foregoing 
attorneys-in-fact, 
in serving
in such capacity at the 
request of the 
undersigned, are not assuming, 
nor is the 
Company assuming, any of 
the undersigneds 
responsibilities to comply 
with Section 16 
or Regulation 13D-G of 
the Securities 
Exchange Act of 1934, 
as amended. 

The undersigned hereby agrees to 
indemnify the attorneys-in-fact 
and the Company from and  against  
any demand, damage, loss, cost or 
expense arising from any false or 
misleading information provided 
by the undersigned to the 
attorneys-in-fact.

       
This Power of Attorney shall 
remain in full force and effect
until the undersigned 
is no longer 
required to file such forms with 
respect to the undersigneds 
holdings of and transactions 
in securities issued 
by the Company, 
unless earlier 
revoked by the 
undersigned in a 
signed writing 
delivered to the foregoing 
attorneys-in-fact. 
This Power of Attorney 
supersedes
any prior power of 
attorney in 
connection with the 
undersigneds 
capacity as an officer 
and/or director 
of the Company. This Power 
of Attorney 
shall expire as to any 
individual 
attorney-in-fact if such 
attorney-in-fact
ceases to be an executive 
officer of, or 
legal counsel to, the 
Company.


In witness thereof, the 
undersigned has caused 
this Power of Attorney 
to be executed as of 
April 24, 2019.

 

s  Ramesh Gopalakrishnan
     
Name  Ramesh Gopalakrishnan

Categories

SEC Filings