Tian Jing 4
4 · TIGO ENERGY, INC. · Filed Jan 23, 2024
Insider Transaction Report
Form 4
Tian Jing
Chief Growth Officer
Transactions
- Exercise/Conversion
Common Stock
2024-01-19$0.69/sh+70,012$48,308→ 113,490 total - Exercise/Conversion
Stock Option (right to buy)
2024-01-19−70,012→ 23,332 totalExercise: $0.69Exp: 2031-02-24→ Common Stock (70,012 underlying)
Footnotes (2)
- [F1]Includes 43,478 shares of common stock, par value $0.0001 per share ("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.
- [F2]The stock options were 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 01/19/2021, and the remainder vest monthly through December 2024.