Locke M. Benjamin - Mar 16, 2022 Form 3/A - Amendment Insider Report for TECOGEN INC. (TGEN)

Role
CEO, Director
Signature
/s/ Benjamin M. Locke
Stock symbol
TGEN
Transactions as of
Mar 16, 2022
Transactions value $
$0
Form type
3/A - Amendment
Date filed
5/6/2022, 04:49 PM
Date Of Original Report
Mar 16, 2022
Previous filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TGEN Common Stock 5.92K Mar 16, 2022 Direct

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 16, 2022 Common Stock 37.5K $3.20 Direct F1
holding TGEN Stock Option (Right to Buy) Mar 16, 2022 Common Stock 9.2K $10.33 Direct F2
holding TGEN Stock Option (Right to Buy) Mar 16, 2022 Common Stock 18.4K $5.65 Direct F2
holding TGEN Stock Option (Right to Buy) Mar 16, 2022 Common Stock 62.5K $4.96 Direct F1
holding TGEN Stock Option (Right to Buy) Mar 16, 2022 Common Stock 100K $4.96 Direct F1
holding TGEN Stock Option (Right to Buy) Mar 16, 2022 Common Stock 9.2K $5.65 Direct F2
holding TGEN Stock Option (Right to Buy) Mar 16, 2022 Common Stock 200K $3.68 Direct F1
holding TGEN Stock Option (Right to Buy) Mar 16, 2022 Common Stock 300K $0.74 Direct F3
holding TGEN Stock Option (Right to Buy) Mar 16, 2022 Common Stock 70K $1.10 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests 25% per year
F2 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.
F3 Vests 50% upon achievement of Adjusted EBITDA goal in two consecutive quarters, and 50% upon achievement of Adjusted EBITDA goal in four consecutive quarters
F4 Vests 50% per year