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

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Bill Roeschlein, as attorney-in-fact
Stock symbol: TYGO
Transactions as of: Aug 11, 2024
Transactions value $: -$33,841
Form type: 4
Date filed: 8/13/2024, 06:18 PM
Previous filing: Mar 14, 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	-$33.8K	-26.9K	-5.04%	$1.26	506K	Aug 11, 2024	Direct	F1, F2
holding	TYGO	Common Stock						1.77M	Aug 11, 2024	By Revocable Trust
holding	TYGO	Common Stock						12.7M	Aug 11, 2024	By Alon Ventures, LLC

* 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 115,942 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.

Content

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").

Includes 115,942 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.