Form 4 for TYGO TIGO ENERGY, INC.
Accepted 2023-05-25 00:00:00 ET · period of report 2023-05-23 · accession 0001213900-23-043278 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2023-05-25 | 2023-05-23 | TYGO | ALON ZVI | CEO, COB, Dir, 10% | A - Grant | — | +14.46M | 12.69M | New | — |
| DM | 2023-05-25 | 2023-05-23 | TYGO | ALON ZVI | CEO, COB, Dir, 10% | A - Grant | — | +1.36M | 102.0K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-23 | A | A | 1,774,826 | — | 1,774,826 | I By Revocable Trust | — | — | (F1) Received in connection with the business combination between the Issuer (formerly known as Roth CH Acquisition IV Co.) and Tigo Energy, Inc. ("Legacy Tigo") on May 23, 2023 (the "Merger"). Each Legacy Tigo share of common stock was exchanged in the Merger for 0.233335 shares of Issuer common stock. |
| 2 | Common | Common Stock | 2023-05-23 | A | A | 12,689,302 | — | 12,689,302 | I By Alon Ventures, LLC | — | — | (F1) Received in connection with the business combination between the Issuer (formerly known as Roth CH Acquisition IV Co.) and Tigo Energy, Inc. ("Legacy Tigo") on May 23, 2023 (the "Merger"). Each Legacy Tigo share of common stock was exchanged in the Merger for 0.233335 shares of Issuer common stock. |
| 3 | Derivative | Stock Option (Right to Buy) | 2023-05-23 | A | A | 582,694 | — | 582,694 | D | $0.26 · — to 2024-04-13 | 582,694 Common Stock | (F2) Received in connection with the Merger. Each Legacy Tigo stock option was exchanged in the Merger for a stock option to acquire 0.233335 shares of common stock of the Issuer. (F3) The stock options are immediately exercisable. |
| 4 | Derivative | Stock Option (Right to Buy) | 2023-05-23 | A | A | 123,354 | — | 123,354 | D | $2.57 · — to 2032-06-22 | 123,354 Common Stock | (F2) Received in connection with the Merger. Each Legacy Tigo stock option was exchanged in the Merger for a stock option to acquire 0.233335 shares of common stock of the Issuer. (F6) The stock options are immediately exercisable, subject to a right of repurchase in favor of the Issuer, which lapses as the stock option vests. 25% of the options vest on 6/23/2023, and the remainder vest monthly thereafter through May 2026. |
| 5 | Derivative | Stock Option (Right to Buy) | 2023-05-23 | A | A | 140,001 | — | 140,001 | D | $0.75 · — to 2026-02-24 | 140,001 Common Stock | (F2) Received in connection with the Merger. Each Legacy Tigo stock option was exchanged in the Merger for a stock option to acquire 0.233335 shares of common stock of the Issuer. (F5) The stock options are immediately exercisable, subject to a right of repurchase in favor of the Issuer, which lapses as the stock option vests. 25% of the options vested on 2/25/2022, and the remainder vest monthly through January 2025. |
| 6 | Derivative | Stock Option (Right to Buy) | 2023-05-23 | A | A | 99,413 | — | 99,413 | D | $0.64 · — to 2029-09-11 | 99,413 Common Stock | (F2) Received in connection with the Merger. Each Legacy Tigo stock option was exchanged in the Merger for a stock option to acquire 0.233335 shares of common stock of the Issuer. (F4) The stock options are immediately exercisable, subject to a right of repurchase in favor of the Issuer, which lapses as the stock option vests. 25% of the options vested on 7/01/2020, and the remainder vest monthly through July 2023. |
| 7 | Derivative | Stock Option (Right to Buy) | 2023-05-23 | A | A | 90,375 | — | 90,375 | D | $0.64 · — to 2028-09-19 | 90,375 Common Stock | (F2) Received in connection with the Merger. Each Legacy Tigo stock option was exchanged in the Merger for a stock option to acquire 0.233335 shares of common stock of the Issuer. (F3) The stock options are immediately exercisable. |
| 8 | Derivative | Stock Option (Right to Buy) | 2023-05-23 | A | A | 82,159 | — | 82,159 | D | $0.56 · — to 2027-08-16 | 82,159 Common Stock | (F2) Received in connection with the Merger. Each Legacy Tigo stock option was exchanged in the Merger for a stock option to acquire 0.233335 shares of common stock of the Issuer. (F3) The stock options are immediately exercisable. |
| 9 | Derivative | Stock Option (Right to Buy) | 2023-05-23 | A | A | 136,933 | — | 136,933 | D | $0.56 · — to 2026-06-19 | 136,933 Common Stock | (F2) Received in connection with the Merger. Each Legacy Tigo stock option was exchanged in the Merger for a stock option to acquire 0.233335 shares of common stock of the Issuer. (F3) The stock options are immediately exercisable. |
| 10 | Derivative | Stock Option (Right to Buy) | 2023-05-23 | A | A | 101,971 | — | 101,971 | D | $0.6 · — to 2025-05-12 | 101,971 Common Stock | (F2) Received in connection with the Merger. Each Legacy Tigo stock option was exchanged in the Merger for a stock option to acquire 0.233335 shares of common stock of the Issuer. (F3) The stock options are immediately exercisable. |