4//SEC Filing
VISCONTI JOSEPH C 4
Accession 0001731122-24-001885
CIK 0001855509other
Filed
Nov 25, 7:00 PM ET
Accepted
Nov 26, 4:56 PM ET
Size
12.8 KB
Accession
0001731122-24-001885
Insider Transaction Report
Form 4
VISCONTI JOSEPH C
DirectorChief Executive Officer
Transactions
- Award
Stock Option (Right to Buy)
2024-11-26+88,079→ 88,079 totalExercise: $1.14Exp: 2033-10-04→ Common Stock (88,079 underlying) - Award
Common Stock
2024-11-26+60,213→ 2,429,142 total - Award
Stock Option (Right to Buy)
2024-11-26+244,666→ 244,666 totalExercise: $8.17Exp: 2032-08-11→ Common Stock (244,666 underlying) - Award
Stock Option (Right to Buy)
2024-11-26+61,166→ 61,166 totalExercise: $2.17Exp: 2032-12-15→ Common Stock (61,166 underlying)
Footnotes (7)
- [F1]Received in exchange for 98,442 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.
- [F2]Consists of options to purchase shares of common stock that will vest pro rata on a monthly basis over a thirty six-month period and are 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 400,000 shares of Forza common stock.
- [F4]Consists of options to purchase shares of common stock that will vest pro rata on a monthly basis over a thirty six-month period and are exercisable for a period of ten years from the date of grant, commencing on January 15, 2023.
- [F5]Received in the Merger in exchange for a stock option to acquire 100,000 shares of Forza common stock.
- [F6]Consists of options to purchase shares of common stock that will vest pro rata on a monthly basis over a thirty six-month period and are exercisable for a period of ten years from the date of grant, commencing on November 4, 2023.
- [F7]Received in the Merger in exchange for a stock option to acquire 144,000 shares of Forza common stock.
Documents
Issuer
Twin Vee PowerCats, Co.
CIK 0001855509
Entity typeother
Related Parties
1- filerCIK 0001070916
Filing Metadata
- Form type
- 4
- Filed
- Nov 25, 7:00 PM ET
- Accepted
- Nov 26, 4:56 PM ET
- Size
- 12.8 KB