Joseph C. Visconti - 20 Oct 2022 Form 4 Insider Report for Twin Vee PowerCats, Co. (VEEE)

Role
President and CEO, Director
Signature
/s/ Joseph C. Visconti
Issuer symbol
VEEE
Transactions as of
20 Oct 2022
Net transactions value
$0
Form type
4
Filing time
21 Oct 2022, 16:01:07 UTC
Previous filing
11 Aug 2022
Next filing
18 Sep 2024
SEC
View on sec.gov

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
transaction VEEE Stock Options (Right to Buy) Award $0 +250,000 $0.000000 250,000 20 Oct 2022 Common Stock 250,000 $2.01 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of options to purchase 250,000 shares of our common stock that vest pro rata on a monthly basis over 36 months period and exercisable for a period of ten years from date of grant, commencing November 1, 2022.