Benjamin M. Locke - 16 Mar 2022 Form 3/A - Amendment Insider Report for TECOGEN INC. (TGEN)

Role
CEO, Director
Signature
/s/ Benjamin M. Locke
Issuer symbol
TGEN
Transactions as of
16 Mar 2022
Net transactions value
$0
Form type
3/A - Amendment
Filing time
06 May 2022, 16:49:13 UTC
Date Of Original Report
16 Mar 2022
Previous filing
16 Mar 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 5,918 16 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) 16 Mar 2022 Common Stock 37,500 $3.20 Direct F1
holding TGEN Stock Option (Right to Buy) 16 Mar 2022 Common Stock 9,200 $10.33 Direct F2
holding TGEN Stock Option (Right to Buy) 16 Mar 2022 Common Stock 18,400 $5.65 Direct F2
holding TGEN Stock Option (Right to Buy) 16 Mar 2022 Common Stock 62,500 $4.96 Direct F1
holding TGEN Stock Option (Right to Buy) 16 Mar 2022 Common Stock 100,000 $4.96 Direct F1
holding TGEN Stock Option (Right to Buy) 16 Mar 2022 Common Stock 9,200 $5.65 Direct F2
holding TGEN Stock Option (Right to Buy) 16 Mar 2022 Common Stock 200,000 $3.68 Direct F1
holding TGEN Stock Option (Right to Buy) 16 Mar 2022 Common Stock 300,000 $0.7400 Direct F3
holding TGEN Stock Option (Right to Buy) 16 Mar 2022 Common Stock 70,000 $1.10 Direct F4
* 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 Converted from options to acquire shares of American DG Energy Inc.; vested in connection with merger of American DG Energy Inc. with a subsidiary of Tecogen Inc.
F3 Vests 50% upon achievement of Adjusted EBITDA goal in two consecutive quarters, and 50% upon achievement of Adjusted EBITDA goal in four consecutive quarters
F4 Vests 50% per year