Form 4 for TYGO TIGO ENERGY, INC.
Accepted 2023-05-25 00:00:00 ET · period of report 2023-05-23 · accession 0001213900-23-043284 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-25 | 2023-05-23 | TYGO | STERN STANLEY | Dir | A - Grant | — | +169.1K | 169.1K | New | — |
| DM | 2023-05-25 | 2023-05-23 | TYGO | STERN STANLEY | Dir | A - Grant | — | +126.0K | 23.3K | 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 | 169,118 | — | 169,118 | D | — | — | (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 share of Legacy Tigo common stock was exchanged in the Merger for 0.233335 shares of common stock of the Issuer. |
| 2 | Derivative | Stock Option (Right to Buy) | 2023-05-23 | A | A | 9,333 | — | 9,333 | D | $2.57 · — to 2032-06-22 | 9,333 Common Stock | (F2) Received in connection with the Merger. Each Legacy Tigo stock option was exchanged for a stock option to purchase 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 vest on 06/23/2023, and the remainder vest monthly thereafter through May 2026. |
| 3 | Derivative | Stock Option (Right to Buy) | 2023-05-23 | A | A | 93,334 | — | 93,334 | D | $0.6 · — to 2025-08-26 | 93,334 Common Stock | (F2) Received in connection with the Merger. Each Legacy Tigo stock option was exchanged for a stock option to purchase 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 | 23,333 | — | 23,333 | D | $0.69 · — to 2031-02-24 | 23,333 Common Stock | (F2) Received in connection with the Merger. Each Legacy Tigo stock option was exchanged for a stock option to purchase 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 02/25/2022, and the remainder vest monthly through January 2025. |