Jing Tian - Aug 11, 2024 Form 4 Insider Report for TIGO ENERGY, INC. (TYGO)

Role
Chief Growth Officer
Signature
/s/ Bill Roeschlein, as attorney-in-fact
Stock symbol
TYGO
Transactions as of
Aug 11, 2024
Transactions value $
-$8,461
Form type
4
Date filed
8/13/2024, 06:16 PM
Previous filing
Mar 11, 2024
Next filing
Sep 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYGO Common Stock Tax liability -$8.46K -6.72K -5.22% $1.26 122K Aug 11, 2024 Direct F1, F2
* 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") withheld in an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations of the reporting person arising out of the vesting of previously reported restricted stock units ("RSUs").
F2 Includes 28,985 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. One-Third (1/3) of the RSUs initially granted to the reporting person on August 11, 2023 vested and were delivered to the reporting person on August 11, 2024, the first anniversary of the Grant Date, and one-third of the RSUs subject to the grant shall vest and be deliverable to the reporting person on each of the second and third anniversaries of the Grant Date, subject to continued service through each such vesting date.

Remarks:

The reporting person undertakes to provide to Tigo Energy, Inc., any security holder of Tigo Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price, with respect to all transactions reported on this Form 4.