BURNS TIMOTHY 4
4 · Ideal Power Inc. · Filed Jun 18, 2020
Insider Transaction Report
Form 4
Ideal Power Inc.IPWR
BURNS TIMOTHY
CFO, Treasurer, Secretary
Transactions
- Award
Option to Purchase Stock
2020-06-16+19,000→ 19,000 totalExercise: $1.99Exp: 2030-03-25→ Common Stock (19,000 underlying)
Footnotes (2)
- [F1]The option was granted on March 25, 2020 from the Ideal Power Inc. Amended & Restated 2013 Equity Incentive Plan (the "Plan"), contingent on Ideal Power Inc. (the "Company") obtaining stockholder approval at the Company's next annual meeting to amend the Plan to, among other things, increase the number of shares reserved for issuance under the Plan (the "Plan Amendment"). The Plan Amendment was approved by stockholders on June 16, 2020.
- [F2]The option fully vested on the grant date.