Kyle Udseth - 03 Nov 2023 Form 4 Insider Report for Pineapple Energy Inc. (SUNE)

Signature
/s/ Christine G. Long, Attorney-in-Fact for Kyle Udseth
Issuer symbol
SUNE
Transactions as of
03 Nov 2023
Net transactions value
$0
Form type
4
Filing time
22 Nov 2023, 09:16:50 UTC
Previous filing
22 Sep 2023
Next filing
22 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGY Common Stock Other $0 -15,873 -3.6% $0.000000 426,565 03 Nov 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously reported on the Form 4 filed by the reporting person on March 28, 2022, the reporting person had 15,873 shares of the issuer's common stock (the "Escrowed Shares") held in escrow by a third-party escrow agent in connection with a merger (the "Merger") between the issuer and Pineapple Energy, LLC that closed on March 28, 2022. This Form 4 is being filed to report that the Escrowed Shares were released and distributed according to the terms of an escrow agreement that was entered into on the closing date of the Merger by and among the issuer and certain Pineapple shareholders.