Preston Yarborough - Jun 26, 2024 Form 4 Insider Report for Twin Vee PowerCats, Co. (VEEE)

Role
Vice President, Director
Signature
/s/ Preston Yarborough
Stock symbol
VEEE
Transactions as of
Jun 26, 2024
Transactions value $
$0
Form type
4
Date filed
6/28/2024, 04:00 PM
Previous filing
Oct 6, 2023
Next filing
Nov 26, 2024

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 Option (Right to Buy) Award $0 +200K $0.00 200K Jun 26, 2024 Common Stock 200K $0.57 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 200,000 shares of common stock that vest pro rata on a monthly basis over a two year period and exercisable for a period of ten years from date of grant, commencing July 26, 2024, subject to Mr. Yarborough's continued employment through such vesting date.