ALON ZVI 4
4 · TIGO ENERGY, INC. · Filed Apr 17, 2025
Insider Transaction Report
Form 4
ALON ZVI
DirectorCEO / Chairperson10% Owner
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2025-04-16−101,978→ 0 totalExercise: $0.60Exp: 2025-05-12→ Common Stock (101,978 underlying) - Exercise/Conversion
Common Stock
2025-04-16$0.60/sh+101,978$61,187→ 941,223 total
Holdings
- 1,774,826(indirect: By Trust)
Common Stock
- 12,689,306(indirect: By LLC)
Common Stock
Footnotes (5)
- [F1]Represents a buy and hold exercise by the reporting person of a stock option that was set to expire on May 12, 2025.
- [F2]Includes 115,942 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 "August 2023 Grant Date") and 333,330 shares of Common Stock underlying RSUs granted to the reporting person on September 16, 2024 (the "September 2024 Grant Date"), in each case, pursuant to the Issuer's 2023 Incentive Plan.
- [F3](Continued from footnote 2) One-Third (1/3) of the RSUs initially granted to the reporting person on August 11, 2023 vested and were delivered to the reporting person on August 11, 2024, the first anniversary of the August 2023 Grant Date, and one-third of the RSUs subject to the grant shall vest and be deliverable to the reporting person on each of the second and third anniversaries of the August 2023 Grant Date, subject to continued service through each such vesting date. One-Third (1/3) of the RSUs granted to the reporting person on September 16, 2024 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 September 2024 Grant Date, subject to continued service through each such vesting date.
- [F4]The stock options are immediately exercisable.
- [F5]Due to an administrative error, the correct number of derivative securities beneficially owned by the reporting person reflects an increase in the number of shares reported by 7 shares.