Robert A. Panora - Mar 11, 2022 Form 3/A - Amendment Insider Report for TECOGEN INC. (TGEN)

Role
COO and President
Signature
/s/ Robert A. Panora
Stock symbol
TGEN
Transactions as of
Mar 11, 2022
Transactions value $
$0
Form type
3/A - Amendment
Date filed
5/6/2022, 04:53 PM
Date Of Original Report
Mar 11, 2022
Previous filing
Mar 11, 2022
Next filing
Jul 14, 2025
SEC
View on sec.gov

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
holding TGEN Stock Option (Right to Buy) Mar 11, 2022 Common Stock 12.7K $0.79 Direct F1
holding TGEN Stock Option (Right to Buy) Mar 11, 2022 Common Stock 200K $0.71 Direct F2
holding TGEN Stock Option (Right to Buy) Mar 11, 2022 Common Stock 52.5K $1.10 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Converted from options to acquire shares of American DG Energy Inc.; vested in connection with merger of American DG Energy Inc. with a subsidiary of Tecogen Inc.
F2 Vests 50% upon achievement of Adjusted EBITDA goal in two consecutive quarters, and 50% upon achievement of Adjusted EBITDA goal in four consecutive quarters
F3 Vests 50% per year