John K. Whiting IV - Mar 9, 2022 Form 3 Insider Report for TECOGEN INC. (TGEN)

Role
General Counsel & Secretary
Signature
John K. Whiting, IV
Stock symbol
TGEN
Transactions as of
Mar 9, 2022
Transactions value $
$0
Form type
3
Date filed
3/11/2022, 03:59 PM
Next filing
May 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TGEN Common Stock 636 Mar 9, 2022 Direct

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
holding TGEN Stock Option (Right to Buy) Mar 9, 2022 Common Stock 10K $2.50 Direct F1
holding TGEN Stock Option (Right to Buy) Mar 9, 2022 Common Stock 50K $3.80 Direct F1
holding TGEN Stock Option (Right to Buy) Mar 9, 2022 Common Stock 50K $3.76 Direct F1
holding TGEN Stock Option (Right to Buy) Mar 9, 2022 Common Stock 200K $0.71 Direct F2
holding TGEN Stock Option (Right to Buy) Mar 9, 2022 Common Stock 52.5K $1.10 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests 25% per year
F2 Vests 50% upon achievement of Adjusted EBITDA goal in two consecutive quarters, and 50% upon achievement of Adjusted EBITDA goal in four consecutive quarters
F3 Vests 50% per year