SEC Form 4 · accession 0001378706-17-000042
AMERICAN DG ENERGY INC · ADGE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Locke M. Benjamin
Officer — Co-CEO
Period of report
May 23, 2017
Accepted (ET)
May 25, 2017 · 6:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001378706
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 23, 2017 | J | 15,418 | $0.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $0.95 | May 23, 2017 | J | 100,000 | D | — | Oct 29, 2024 | Common Stock | 0 | 0 | D |
| Stock Option (right to buy)F1 | $1.67 | May 23, 2017 | J | 150,000 | D | — | Jun 3, 2018 | Common Stock | 0 | 0 | D |
| Stock Option (right to buy)F1 | $0.52 | May 23, 2017 | J | 100,000 | D | — | Jun 10, 2025 | Common Stock | 0 | 0 | D |
| Stock Option (right to buy)F1 | $0.52 | May 23, 2017 | J | 200,000 | D | — | Dec 11, 2024 | Common Stock | 0 | 0 | D |
Explanation of responses
- F1Following the completion of the Merger and pursuant to the Merger Agreement between the Company and Tecogen Inc. dated November 1, 2016 and as amended March 23, 2017, the Company's securities were converted to securities of Tecogen Inc.
Remarks
This transaction is exempt from liability under Section 16(b) of the Securities Exchange Act of 1934.