Michael P. Dickerson - 04 Apr 2024 Form 4 Insider Report for Twin Vee PowerCats, Co. (VEEE)

Signature
/s/ Michael Patrick Dickerson
Issuer symbol
VEEE
Transactions as of
04 Apr 2024
Net transactions value
$0
Form type
4
Filing time
05 Apr 2024, 17:06:29 UTC
Next filing
11 Apr 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 +150,000 $0.000000 150,000 04 Apr 2024 Common Stock 150,000 $0.9188 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-sixth (25,000) of the option grant vests six months after the date of grant and the remaining options vest on the first day of the month thereafter, pro rata monthly over the next 30 months, subject to Mr. Dickerson's continued employment through such vesting date.