Zvi Alon - 23 May 2023 Form 4 Insider Report for Roth CH Acquisition IV Co. (TYGO)

Role
CEO / Chairperson, Director, 10%+ Owner
Signature
/s/ Bill Roeschlein, as attorney-in-fact
Issuer symbol
TYGO
Transactions as of
23 May 2023
Net transactions value
$0
Form type
4
Filing time
25 May 2023, 21:58:23 UTC
Next filing
15 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYGO Common Stock Award +1,774,826 1,774,826 23 May 2023 By Revocable Trust F1
transaction TYGO Common Stock Award +12,689,302 12,689,302 23 May 2023 By Alon Ventures, LLC F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TYGO Stock Option (Right to Buy) Award +582,694 582,694 23 May 2023 Common Stock 582,694 $0.2600 Direct F2, F3
transaction TYGO Stock Option (Right to Buy) Award +101,971 101,971 23 May 2023 Common Stock 101,971 $0.6000 Direct F2, F3
transaction TYGO Stock Option (Right to Buy) Award +136,933 136,933 23 May 2023 Common Stock 136,933 $0.5600 Direct F2, F3
transaction TYGO Stock Option (Right to Buy) Award +82,159 82,159 23 May 2023 Common Stock 82,159 $0.5600 Direct F2, F3
transaction TYGO Stock Option (Right to Buy) Award +90,375 90,375 23 May 2023 Common Stock 90,375 $0.6400 Direct F2, F3
transaction TYGO Stock Option (Right to Buy) Award +99,413 99,413 23 May 2023 Common Stock 99,413 $0.6400 Direct F2, F4
transaction TYGO Stock Option (Right to Buy) Award +140,001 140,001 23 May 2023 Common Stock 140,001 $0.7500 Direct F2, F5
transaction TYGO Stock Option (Right to Buy) Award +123,354 123,354 23 May 2023 Common Stock 123,354 $2.57 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in connection with the business combination between the Issuer (formerly known as Roth CH Acquisition IV Co.) and Tigo Energy, Inc. ("Legacy Tigo") on May 23, 2023 (the "Merger"). Each Legacy Tigo share of common stock was exchanged in the Merger for 0.233335 shares of Issuer common stock.
F2 Received in connection with the Merger. Each Legacy Tigo stock option was exchanged in the Merger for a stock option to acquire 0.233335 shares of common stock of the Issuer.
F3 The stock options are immediately exercisable.
F4 The stock options are 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 7/01/2020, and the remainder vest monthly through July 2023.
F5 The stock options are 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 2/25/2022, and the remainder vest monthly through January 2025.
F6 The stock options are immediately exercisable, subject to a right of repurchase in favor of the Issuer, which lapses as the stock option vests. 25% of the options vest on 6/23/2023, and the remainder vest monthly thereafter through May 2026.