SEC Form 4 · accession 0001537435-17-000079
TECOGEN INC. · TGEN
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 · 6:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001537435
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 | 1,418 | $0.00 | A | 1,418 | 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)F2 | $18.15 | May 23, 2017 | J | 13,800 | A | — | Jun 3, 2018 | Common Stock | 13,800 | 13,800 | D |
| Stock Option (Right to Buy)F2 | $10.33 | May 23, 2017 | J | 9,200 | A | — | Oct 29, 2024 | Common Stock | 9,200 | 9,200 | D |
| Stock Option (Right to Buy)F2 | $5.65 | May 23, 2017 | J | 18,400 | A | — | Dec 11, 2024 | Common Stock | 18,400 | 18,400 | D |
| Stock Option (Right to Buy)F2 | $5.65 | May 23, 2017 | J | 9,200 | A | — | Jun 10, 2025 | Common Stock | 9,200 | 9,200 | D |
Explanation of responses
- F1Following the completion of the Merger and pursuant to the Merger Agreement between the Company and American DG Energy Inc. dated November 1, 2016 and as amended March 23, 2017, American DG Energy's securities were converted to securities of the Company.
- F2These options vested pursuant to the completion of the Merger between the Company and American DG Energy Inc.
Remarks
This transaction is exempt from liability under Section 16(b) of the Securities Exchange Act of 1934.