LOCKARD STEVEN C (President and CEO) sold 34.6% of their position (225.13K shares) of TPI COMPOSITES, INC on the open market

Open‑market sale worth $10.01M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

LOCKARD STEVEN C

Filed: 5/13/2021ACC: 0001562180-21-003467

InsiderLOCKARD STEVEN CCIK 1678420

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IssuerTPI COMPOSITES, INCCIK 1455684

DirectorOfficer· President and CEO

Since Jul 2018

-225.13K

Net shares

Net seller

$10.01M

Total sold

Open market trades

0B · 3S

Total transactions

225.13K acquired · 450.26K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+158.59K

Price / share

$10.87

Trade value

$1.72M

% of position

37.3%

5/11/2021

425.70K→584.29K

Common Stock

Direct

S · Sale

−157.79K

Price / share

$45.00

Trade value

$7.10M

% of position

27.0%

5/11/2021

584.29K→426.50K

Common Stock

Direct

S · Sale

−800.00

Price / share

$45.44

Trade value

$36.35K

% of position

0.2%

5/11/2021

426.50K→425.70K

Common Stock

Direct

M · Option Exercise

+66.54K

Price / share

$10.87

Trade value

$723.40K

% of position

15.6%

5/12/2021

425.70K→492.24K

Common Stock

Direct

S · Sale

−66.54K

Price / share

$43.20

Trade value

$2.87M

% of position

13.5%

5/12/2021

492.24K→425.70K

Total

Net shares

+0.00

Net value

-$7.56M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	5/11/2021	M · Option Exercise	+158.59K	$10.87	$1.72M	37.3%	425.70K	584.29K
Common Stock Direct	5/11/2021	S · Sale	−157.79K	$45.00	$7.10M	27.0%	584.29K	426.50K
Common Stock Direct	5/11/2021	S · Sale	−800.00	$45.44	$36.35K	0.2%	426.50K	425.70K
Common Stock Direct	5/12/2021	M · Option Exercise	+66.54K	$10.87	$723.40K	15.6%	425.70K	492.24K
Common Stock Direct	5/12/2021	S · Sale	−66.54K	$43.20	$2.87M	13.5%	492.24K	425.70K
Total			+0.00		-$7.56M

Derivative Transactions2

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

158.59K shares

−158.59K

Strike price

10.8722

Held after

66.54K

Exercisable

—

5/11/2021

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

66.54K shares

−66.54K

Strike price

10.8722

Held after

0.00

Exercisable

—

5/12/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (Right to Buy) Direct	Common Stock158.59K shares	5/11/2021	M · Option Exercise	−158.59K	10.8722	—	66.54K
Stock Option (Right to Buy) Direct	Common Stock66.54K shares	5/12/2021	M · Option Exercise	−66.54K	10.8722	—	0.00