Form 4 for VEEE Twin Vee PowerCats, Co.

Accepted 2024-11-26 00:00:00 ET · period of report 2024-11-26 · accession 0001731122-24-001887 · 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	2024-11-26	2024-11-26	VEEE	Kull Marcia	Dir	A - Grant	—	+2,816	2,816	New	—
D	2024-11-26	2024-11-26	VEEE	Kull Marcia	Dir	A - Grant	—	+3,364	3,364	New	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-11-26	A	A	2,816	—	2,816	D	—	—	(F1) Received in exchange for 4,605 shares of Forza X1, Inc. ("Forza") common stock issued in connection with the merger (the "Merger") of Twin Vee Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Twin Vee PowerCats Co., a Delaware corporation ("Twin Vee"), into Forza. Each share of Forza common stock was exchanged for 0.611666275 shares of Twin Vee common stock on the effective date of the Merger.
2	Derivative	Stock Option (Right to Buy)	2024-11-26	A	A	3,364	—	3,364	D	$8.17 · — to 2032-09-01	3,364 Common Stock	(F2) Consists of options to purchase shares of common stock that are fully vested and exercisable for a period of ten years from the date of grant, commencing on September 1, 2022. (F3) Received in the Merger in exchange for a stock option to acquire 5,500 shares of Forza common stock.