Michael P. Dickerson - 26 Jun 2024 Form 4 Insider Report for Twin Vee PowerCats, Co. (VEEE)

Signature
/s/ Michael Patrick Dickerson
Issuer symbol
VEEE
Transactions as of
26 Jun 2024
Net transactions value
$0
Form type
4
Filing time
28 Jun 2024, 16:00:46 UTC
Previous filing
11 Apr 2024
Next filing
16 Sep 2024

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
transaction VEEE Stock Option (Right to Buy) Award $0 +100,000 $0.000000 100,000 26 Jun 2024 Common Stock 100,000 $0.5700 Direct F1
transaction VEEE Stock Option (Right to Buy) Award $0 +50,000 $0.000000 50,000 27 Jun 2024 Common Stock 50,000 $0.5300 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of options to purchase 100,000 shares of common stock that vest pro rata on an annual basis over a four -year period and exercisable for a period of ten years from date of grant, commencing June 26, 2025, subject to Mr. Dickerson's continued employment through such vesting date.
F2 Consists of options to purchase 50,000 shares of common stock that vest pro rata on an annual basis over a four -year period and exercisable for a period of ten years from date of grant, commencing June 27, 2025, subject to Mr. Dickerson's continued employment through such vesting date.