TECOGEN INC. — Director's Dealing 2014

Dec 22, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TECOGEN INC. (TGEN)
CIK: 0001537435
Period of Report: 2014-12-18

Reporting Person: Benjamin Locke M. (Co-CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-18	Stock Option (Right to Buy)	$4.96	A	62500	Acquired	2024-12-18	Common Stock (62500.0)	Direct
2014-12-18	Stock Option (Right to Buy)	$4.96	A	100000	Acquired	2024-12-18	Common Stock (100000.0)	Direct

Footnotes

F1: 25% of these options vest on each of the 4 subsequent anniversaries of the grant date, 12/18/2014.

F2: Subject to the terms of Company's incentive stock option plan and the terms of Mr. Locke's option agreement, these options will vest if and when the Company publicly releases audited financials indicating positive Earnings before Interest Depreciation Amortization (EBITDA) for the fiscal year ended December 31, 2015.