Marcia Kull - 26 Nov 2024 Form 4 Insider Report for Forza X1, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Nov 2024, 17:00:37 UTC
Prior SEC filing
15 Dec 2022
Next SEC filing
21 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Marcia Kull

Key filing fact

Marcia Kull filed Form 4 for Forza X1, Inc. on 26 Nov 2024.

Key facts

  • This page summarizes Marcia Kull's Form 4 filing for Forza X1, Inc..
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 26 Nov 2024, 17:00.

Change

  • Previous filing in this sequence was filed on 15 Dec 2022.
  • 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.

FRZA transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-4,605
Change %
-100%
Price
Shares after
0
Date
26 Nov 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

FRZA transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-5,500
Change %
-100%
Price
Shares after
0
Date
26 Nov 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,500
Exercise price
$5.00
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

Disposed of pursuant to 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 X1, Inc. ("Forza"), in exchange for 2,816 shares of Twin Vee common stock. 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

This option was assumed by Twin Vee in the Merger and replaced with an option to purchase 3,364 shares of Twin Vee common stock for $8.17 per share.

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