Neil Ross - 26 Nov 2024 Form 4 Insider Report for Twin Vee PowerCats, Co. (VEEE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Nov 2024, 16:58:16 UTC
Prior SEC filing
30 Sep 2024
Next SEC filing
21 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Neil Ross

Key filing fact

Neil Ross filed Form 4 for Twin Vee PowerCats, Co. (VEEE) on 26 Nov 2024.

Key facts

  • This page summarizes Neil Ross's Form 4 filing for Twin Vee PowerCats, Co. (VEEE).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 26 Nov 2024, 16:58.

Change

  • Previous filing in this sequence was filed on 30 Sep 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.

VEEE transaction

Common Stock

Award

Transaction value
Shares
+19,033
Change %
Price
Shares after
19,033
Date
26 Nov 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

VEEE transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+3,364
Change %
Price
Shares after
3,364
Date
26 Nov 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,364
Exercise price
$8.17
Footnotes
F2, 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

Received in exchange for 31,117 shares of Forza X1, Inc. ("Forza") common stock issued in connection with the merger (the "Merger") of Twin Vee Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Twin Vee PowerCats Co., a Delaware corporation ("Twin Vee"), into Forza. Each share of Forza common stock was exchanged for 0.611666275 shares of Twin Vee common stock on the effective date of the Merger.

Footnote F2

Consists of options to purchase shares of common stock that are fully vested and exercisable for a period of ten years from the date of grant, commencing on September 1, 2022.

Footnote F3

Received in the Merger in exchange for a stock option to acquire 5,500 shares of Forza common stock.

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