Yahui Chang - Nov 11, 2024 Form 4 Insider Report for TIGO ENERGY, INC. (TYGO)

Role
Chief Operating Officer
Signature
/s/ Bill Roeschlein, as attorney-in-fact
Stock symbol
TYGO
Transactions as of
Nov 11, 2024
Transactions value $
$0
Form type
4
Date filed
12/16/2024, 06:34 PM
Previous filing
Oct 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYGO Common Stock Award $0 +144K $0.00 144K Nov 11, 2024 Direct 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 $0 +250K $0.00 250K Nov 11, 2024 Common Stock 250K $1.07 Direct 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"), underlying restricted stock units ("RSUs") granted to the reporting person on November 11, 2024 (the "Grant Date") pursuant to the Issuer's 2023 Incentive Plan. One-Third (1/3) of the RSUs shall vest, and an equal number of shares of Common Stock will be deliverable to the reporting person, on each of the first three anniversaries of October 7, 2024, subject to continued service through each such vesting date.
F2 Stock option was granted under the Issuer's 2023 Incentive Plan. The option is scheduled to vest as to twenty-five percent (25%) of the shares subject to the stock option on October 7, 2025 and one forty-eighth (1/48th) of the shares subject to the stock option shall vest on the last day of each calendar month thereafter, subject to continued service through each such vesting date.

Remarks:

The transactions herein are being reported late due to inadvertent administrative oversight.