Abinand Rangesh - Mar 9, 2022 Form 3 Insider Report for TECOGEN INC. (TGEN)

Role
Chief Financial Officer, Director
Signature
/s/ Abinand Rangesh
Stock symbol
TGEN
Transactions as of
Mar 9, 2022
Transactions value $
$0
Form type
3
Date filed
3/16/2022, 11:11 AM
Next filing
May 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TGEN Common Stock 6K 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 $3.91 Direct F1
holding TGEN Stock Option (Right to Buy) Mar 9, 2022 Common Stock 50K $0.71 Direct F2
holding TGEN Stock Option (Right to Buy) Mar 9, 2022 Common Stock 70K $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