Form 4 for TYGO TIGO ENERGY, INC.
Accepted 2024-03-11 00:00:00 ET · period of report 2024-03-07 · accession 0001213900-24-021539 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-03-11 | 2024-03-07+ | TYGO | Dillon James JD | CMO | S - Sale | $1.27 | -14.9K | 58.6K | -20% | -$18.9K |
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 | 2024-03-08 | S | D | 4,650 | $1.26 | 64,845 | D | — | — | (F1) Represents shares of Common Stock that were sold to satisfy the reporting person's tax withholding obligations in connection with the grant of shares of Common Stock referenced in the reporting person's Form 4 filed on March 6, 2024, as required by the terms of the restricted stock unit agreement. Such sales do not represent discretionary transactions by the reporting person. (F4) Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $1.20 to $1.33. (F3) Includes 43,478 shares of Common Stock, underlying restricted stock units ("RSUs") granted to the reporting person on August 11, 2023 (the "Grant Date") pursuant to the Issuer's 2023 Incentive Plan. One-Third (1/3) of the RSUs shall vest, and an equal number of shares of Common Stock will be deliverable to the reporting person, on each of the first three anniversaries of the Grant Date, subject to continued service through each such vesting date. |
| 2 | Common | Common Stock | 2024-03-07 | S | D | 4,055 | $1.33 | 69,495 | D | — | — | (F1) Represents shares of Common Stock that were sold to satisfy the reporting person's tax withholding obligations in connection with the grant of shares of Common Stock referenced in the reporting person's Form 4 filed on March 6, 2024, as required by the terms of the restricted stock unit agreement. Such sales do not represent discretionary transactions by the reporting person. (F2) Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $1.28 to $1.36. (F3) Includes 43,478 shares of Common Stock, underlying restricted stock units ("RSUs") granted to the reporting person on August 11, 2023 (the "Grant Date") pursuant to the Issuer's 2023 Incentive Plan. One-Third (1/3) of the RSUs shall vest, and an equal number of shares of Common Stock will be deliverable to the reporting person, on each of the first three anniversaries of the Grant Date, subject to continued service through each such vesting date. |
| 3 | Common | Common Stock | 2024-03-11 | S | D | 6,245 | $1.23 | 58,600 | D | — | — | (F1) Represents shares of Common Stock that were sold to satisfy the reporting person's tax withholding obligations in connection with the grant of shares of Common Stock referenced in the reporting person's Form 4 filed on March 6, 2024, as required by the terms of the restricted stock unit agreement. Such sales do not represent discretionary transactions by the reporting person. (F5) Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $1.19 to $1.28. (F3) Includes 43,478 shares of Common Stock, underlying restricted stock units ("RSUs") granted to the reporting person on August 11, 2023 (the "Grant Date") pursuant to the Issuer's 2023 Incentive Plan. One-Third (1/3) of the RSUs shall vest, and an equal number of shares of Common Stock will be deliverable to the reporting person, on each of the first three anniversaries of the Grant Date, subject to continued service through each such vesting date. |