LOCKARD STEVEN C (President and CEO) sold 30.3% of their position (150K shares) of TPI COMPOSITES, INC on the open market

Open‑market sale worth $5.90M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 4 sales

LOCKARD STEVEN C

Filed: 11/25/2020ACC: 0001562180-20-006906

InsiderLOCKARD STEVEN CCIK 1678420

→

IssuerTPI COMPOSITES, INCCIK 1455684

DirectorOfficer· President and CEO

Since Jul 2018

-150K

Net shares

Net seller

$5.90M

Total sold

Open market trades

0B · 4S

Total transactions

150K acquired · 300K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+38.94K

Price / share

$10.87

Trade value

$423.31K

% of position

11.3%

11/23/2020

345.44K→384.37K

Common Stock

Direct

S · Sale

−38.94K

Price / share

$40.25

Trade value

$1.57M

% of position

10.1%

11/23/2020

384.37K→345.44K

Common Stock

Direct

M · Option Exercise

+111.06K

Price / share

$10.87

Trade value

$1.21M

% of position

32.2%

11/24/2020

345.44K→456.50K

Common Stock

Direct

S · Sale

−71.22K

Price / share

$38.63

Trade value

$2.75M

% of position

15.6%

11/24/2020

456.50K→385.28K

Common Stock

Direct

S · Sale

−38.04K

Price / share

$39.69

Trade value

$1.51M

% of position

9.9%

11/24/2020

385.28K→347.24K

Common Stock

Direct

S · Sale

−1.80K

Price / share

$40.23

Trade value

$72.41K

% of position

0.5%

11/24/2020

347.24K→345.44K

Total

Net shares

+0.00

Net value

-$4.27M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	11/23/2020	M · Option Exercise	+38.94K	$10.87	$423.31K	11.3%	345.44K	384.37K
Common Stock Direct	11/23/2020	S · Sale	−38.94K	$40.25	$1.57M	10.1%	384.37K	345.44K
Common Stock Direct	11/24/2020	M · Option Exercise	+111.06K	$10.87	$1.21M	32.2%	345.44K	456.50K
Common Stock Direct	11/24/2020	S · Sale	−71.22K	$38.63	$2.75M	15.6%	456.50K	385.28K
Common Stock Direct	11/24/2020	S · Sale	−38.04K	$39.69	$1.51M	9.9%	385.28K	347.24K
Common Stock Direct	11/24/2020	S · Sale	−1.80K	$40.23	$72.41K	0.5%	347.24K	345.44K
Total			+0.00		-$4.27M

Derivative Transactions2

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

38.94K shares

−38.94K

Strike price

10.8722

Held after

524.51K

Exercisable

—

11/23/2020

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

111.06K shares

−111.06K

Strike price

10.8722

Held after

413.44K

Exercisable

—

11/24/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (Right to Buy) Direct	Common Stock38.94K shares	11/23/2020	M · Option Exercise	−38.94K	10.8722	—	524.51K
Stock Option (Right to Buy) Direct	Common Stock111.06K shares	11/24/2020	M · Option Exercise	−111.06K	10.8722	—	413.44K