Jeffrey Stuart Sullivan - 16 Sep 2024 Form 4 Insider Report for TIGO ENERGY, INC. (TYGO)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
18 Sep 2024, 17:32:21 UTC
Prior SEC filing
13 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bill Roeschlein, as attorney-in-fact

Key filing fact

Jeffrey Stuart Sullivan filed Form 4 for TIGO ENERGY, INC. (TYGO) on 18 Sep 2024.

Key facts

  • This page summarizes Jeffrey Stuart Sullivan's Form 4 filing for TIGO ENERGY, INC. (TYGO).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 18 Sep 2024, 17:32.

Change

  • Previous filing in this sequence was filed on 13 Aug 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TYGO transaction

Common Stock

Award

Transaction value
$0
Shares
+90,277
Change %
+151%
Price
$0.000000
Shares after
150,116
Date
16 Sep 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TYGO transaction Derivative

Stock Option (right to buy)

Award

Transaction value
$0
Shares
+140,625
Change %
Price
$0.000000
Shares after
140,625
Date
16 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
140,625
Exercise price
$1.60
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares of common stock, par value $0.0001 per share ("Common Stock"), underlying restricted stock units ("RSUs") granted to the reporting person on September 16, 2024 (the "September 2024 Grant Date") pursuant to the Issuer's 2023 Incentive Plan. One-Third (1/3) of the RSUs shall vest, and an equal number of shares of Common Stock will be deliverable to the reporting person, on each of the first three anniversaries of the September 2024 Grant Date, subject to continued service through each such vesting date.

Footnote F2

Includes 37,681 shares of Common Stock underlying RSUs granted to the reporting person on August 11, 2023 (the "August 2023 Grant Date") pursuant to the Issuer's 2023 Incentive Plan. One-Third (1/3) of the RSUs initially granted to the reporting person on August 11, 2023 vested and were delivered to the reporting person on August 11, 2024, the first anniversary of the August 2023 Grant Date, and one-third of the RSUs subject to the grant shall vest and be deliverable to the reporting person on each of the second and third anniversaries of the August 2023 Grant Date, subject to continued service through each such vesting date.

Footnote F3

Stock option was granted under the Issuer's 2023 Incentive Plan. The option is scheduled to vest as to one forty-eighth (1/48th) of the shares subject to the option each month after September 16, 2024, on the same day of the month, subject to continued service through each such vesting date.

SEC remarks

The reporting person undertakes to provide to Tigo Energy, Inc., any security holder of Tigo Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price, with respect to all transactions reported on this Form 4.

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