Roger P. Deschenes - 23 Apr 2024 Form 3 Insider Report for TECOGEN INC. (TGEN)

Role
CAO
Signature
/s/ Roger P. Deschenes
Issuer symbol
TGEN
Transactions as of
23 Apr 2024
Net transactions value
$0
Form type
3
Filing time
24 Jun 2025, 12:14:24 UTC
Next filing
28 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Deschenes Roger P. CAO 76 TREBLE COVE ROAD, NORTH BILLERICA /s/ Roger P. Deschenes 24 Jun 2025 0001496259

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TGEN Common Stock 24,998 23 Apr 2024 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 Options (Right to Buy) 23 Apr 2024 Common Stock 50,000 $0.7800 Direct F1
holding TGEN Stock Options (Right to Buy) 23 Apr 2024 Common Stock 52,500 $1.10 Direct F2
holding TGEN Stock Option (Right to Buy) 23 Apr 2024 Common Stock 37,500 $0.8800 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests 50% upon achievement of Adjusted EBITDA goal of 2% of revenue in two consecutive quarters, and 50% upon achievement of Adjusted EBITDA goal of 3% of revenue in four consecutive quarters
F2 Vests 50% per year