Abinand Rangesh - 09 Mar 2022 Form 3 Insider Report for TECOGEN INC. (TGEN)

Role
Chief Financial Officer, Director
Signature
/s/ Abinand Rangesh
Issuer symbol
TGEN
Transactions as of
09 Mar 2022
Net transactions value
$0
Form type
3
Filing time
16 Mar 2022, 11:11:30 UTC
Next filing
06 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TGEN Common Stock 6,000 09 Mar 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) 09 Mar 2022 Common Stock 10,000 $3.91 Direct F1
holding TGEN Stock Option (Right to Buy) 09 Mar 2022 Common Stock 50,000 $0.7100 Direct F2
holding TGEN Stock Option (Right to Buy) 09 Mar 2022 Common Stock 70,000 $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