4//SEC Filing
Yarborough Preston 4
Accession 0001731122-24-001886
CIK 0001855509other
Filed
Nov 25, 7:00 PM ET
Accepted
Nov 26, 4:56 PM ET
Size
5.9 KB
Accession
0001731122-24-001886
Insider Transaction Report
Form 4
Yarborough Preston
DirectorVice President
Transactions
- Award
Stock Option (Right to Buy)
2024-11-26+45,874→ 45,874 totalExercise: $8.17Exp: 2032-09-01→ Common Stock (45,874 underlying)
Footnotes (2)
- [F1]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.
- [F2]Received in exchange for a stock option to acquire 75,000 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.
Documents
Issuer
Twin Vee PowerCats, Co.
CIK 0001855509
Entity typeother
Related Parties
1- filerCIK 0001871629
Filing Metadata
- Form type
- 4
- Filed
- Nov 25, 7:00 PM ET
- Accepted
- Nov 26, 4:56 PM ET
- Size
- 5.9 KB