Michael R. Splinter - May 21, 2024 Form 4 Insider Report for TIGO ENERGY, INC. (TYGO)

Role
Director
Signature
/s/ Bill Roeschlein, as attorney-in-fact
Stock symbol
TYGO
Transactions as of
May 21, 2024
Transactions value $
$0
Form type
4
Date filed
5/22/2024, 08:41 PM
Previous filing
Apr 1, 2024
Next filing
Jun 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYGO Common Stock Award $0 +102K +161.38% $0.00 165K May 21, 2024 Direct F1, F2
transaction TYGO Common Stock Award $0 +66.5K +43.71% $0.00 219K May 21, 2024 Direct F3, F4
holding TYGO Common Stock 1.12M May 21, 2024 See footnote F5
holding TYGO Common Stock 35K May 21, 2024 See footnote F6
holding TYGO Common Stock 35K May 21, 2024 See footnote F7
holding TYGO Common Stock 35K May 21, 2024 See footnote F8
holding TYGO Common Stock 35K May 21, 2024 See footnote F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock, par value $0.0001 per share ("Common Stock"), underlying restricted stock units ("RSUs") granted to the reporting person on May 21, 2024 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, immediately prior to the Issuer's 2025 Annual Meeting of Stockholders, subject to continued service through such vesting date.
F2 Includes 16,304 shares of Common Stock, underlying 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.
F3 Represents shares of Common Stock issued in lieu of cash compensation in connection with the Reporting Person's service on the Issuer's Board of Directors for the period ending May 21, 2024 pursuant to the Issuer's Independent Director Compensation Policy.
F4 Includes (x) 16,304 shares of Common Stock, underlying RSUs granted to the reporting person on August 11, 2023 (the "Grant Date") pursuant to the Issuer's 2023 Incentive Plan, such 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 and (y) 101,626 shares of Common Stock underlying RSUs granted to the reporting person on May 21, 2024 pursuant to the Issuer's 2023 Incentive Plan, such RSUs will vest in full, and an equal number of shares of Common Stock will be deliverable to the reporting person, immediately prior to the Issuer's 2025 Annual Meeting of Stockholders, subject to continued service through such vesting date.
F5 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.
F6 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.
F7 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.
F8 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.
F9 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.