Jing Tian - 07 Mar 2024 Form 4 Insider Report for TIGO ENERGY, INC. (TYGO)

Role
Chief Growth Officer
Signature
/s/ Bill Roeschlein, as attorney-in-fact
Issuer symbol
TYGO
Transactions as of
07 Mar 2024
Transactions value $
-$18,926
Form type
4
Filing time
11 Mar 2024, 20:40:40 UTC
Previous filing
06 Mar 2024
Next filing
13 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYGO Common Stock Sale -$5.38K -4.05K -2.82% $1.33 139K 07 Mar 2024 Direct F1, F2, F3
transaction TYGO Common Stock Sale -$5.85K -4.64K -3.33% $1.26 135K 08 Mar 2024 Direct F1, F3, F4
transaction TYGO Common Stock Sale -$7.69K -6.24K -4.62% $1.23 129K 11 Mar 2024 Direct F1, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock that were sold to satisfy the reporting person's tax withholding obligations in connection with the grant of shares of Common Stock referenced in the reporting person's Form 4 filed on March 6, 2024, as required by the terms of the restricted stock unit agreement. Such sales do not represent discretionary transactions by the reporting person.
F2 Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $1.28 to $1.36.
F3 Includes 43,478 shares of common stock, par value $0.0001 per share ("Common Stock"), underlying restricted stock units ("RSUs") granted to the reporting person on August 11, 2023 (the "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 Grant Date, subject to continued service through each such vesting date.
F4 Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $1.20 to $1.33.
F5 Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $1.19 to $1.28.

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.