Michael R. Splinter - 16 Jan 2024 Form 4 Insider Report for TIGO ENERGY, INC. (TYGO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Jan 2024, 15:22:28 UTC
Prior SEC filing
10 Jan 2024
Next SEC filing
01 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bill Roeschlein, as attorney-in-fact

Key filing fact

Michael R. Splinter filed Form 4 for TIGO ENERGY, INC. (TYGO) on 18 Jan 2024.

Key facts

  • This page summarizes Michael R. Splinter's Form 4 filing for TIGO ENERGY, INC. (TYGO).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 18 Jan 2024, 15:22.

Change

  • Previous filing in this sequence was filed on 10 Jan 2024.
  • Current net transaction value: +$12,134.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TYGO transaction

Common Stock

Options Exercise

Transaction value
$12,134
Shares
+46,670
Change %
+74%
Price
$0.2600*
Shares after
109,644
Date
16 Jan 2024
Ownership
Direct
Footnotes
F1
TYGO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,123,656
Date
16 Jan 2024
Ownership
See footnote
Footnotes
F2
TYGO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
35,000
Date
16 Jan 2024
Ownership
See footnote
Footnotes
F3
TYGO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
35,000
Date
16 Jan 2024
Ownership
See footnote
Footnotes
F4
TYGO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
35,000
Date
16 Jan 2024
Ownership
See footnote
Footnotes
F5
TYGO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
35,000
Date
16 Jan 2024
Ownership
See footnote
Footnotes
F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TYGO transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-46,670
Change %
-100%
Price
$0.000000*
Shares after
0
Date
16 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
46,670
Exercise price
$0.2600
Footnotes
F7, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Includes 16,304 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. The RSUs will vest in full, and an equal number of shares of Common Stock will be deliverable to the reporting person, on the first anniversary of the Grant Date, subject to continued service through such vesting date.

Footnote F2

The shares reported are owned by the SPLINTER ROBOOSTOFF REV TRUST UAD 1/23/97, for which the reporting person serves as Trustee and exercises investing authority over such shares.

Footnote F3

The shares reported are owned by the AMANDA CHRISTINE SPLINTER 2012 IRREVOCABLE TRUST DTD 08/10/2012, for which the reporting person serves as Trustee and exercises investing authority over such shares.

Footnote F4

The shares reported are owned by the ARCHIE DAVID ROBOOSTOFF 2012 IRREVOCABLE TRUST DTD 08/10/2012, for which the reporting person serves as Trustee and exercises investing authority over such shares.

Footnote F5

The shares reported are owned by the JOSHUA MICHAEL SPLINTER 2012 IRREVOCABLE TRUST DTD 08/10/2012, for which the reporting person serves as Trustee and exercises investing authority over such shares.

Footnote F6

The shares reported are owned by the KRISTA DIANE FENSKE 2012 IRREVOCABLE TRUST DTD 08/10/2012, for which the reporting person serves as Trustee and exercises investing authority over such shares.

Footnote F7

Reflects the number of stock options granted to the reporting person on April 13, 2014, which was reported as 46,667 stock options on the reporting person's Form 4 filed on May 25, 2023. The difference is due to the finalization of the exchange ratio after the Issuer's previously announced business combination.

Footnote F8

The stock option was immediately exercisable on April 13, 2014, which was the date of grant.

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