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

Role: Chief Financial Officer
Signature: /s/ Michael Dickerson
Issuer symbol: VEEE
Transactions as of: 26 Nov 2024
Net transactions value: $0
Form type: 4
Filing time: 26 Nov 2024, 16:57:50 UTC
Previous filing: 24 Sep 2024
Next filing: 21 May 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VEEE	Common Stock	Award		+30,583	+61%		80,583	26 Nov 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Received in exchange for 50,000 shares of Forza X1, Inc. ("Forza") common stock issued in connection with the merger (the "Merger") of Twin Vee Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Twin Vee PowerCats Co., a Delaware corporation ("Twin Vee"), into Forza. Each share of Forza common stock was exchanged for 0.611666275 shares of Twin Vee common stock on the effective date of the Merger.

Content

Received in exchange for 50,000 shares of Forza X1, Inc. ("Forza") common stock issued in connection with the merger (the "Merger") of Twin Vee Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Twin Vee PowerCats Co., a Delaware corporation ("Twin Vee"), into Forza. Each share of Forza common stock was exchanged for 0.611666275 shares of Twin Vee common stock on the effective date of the Merger.