BRDAR DANIEL 4
4 · Ideal Power Inc. · Filed Dec 19, 2022
Insider Transaction Report
Form 4
Ideal Power Inc.IPWR
BRDAR DANIEL
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2022-12-17$10.27/sh−9,338$95,901→ 98,097 total - Award
Common Stock
2022-12-15+30,000→ 107,435 total - Award
Performance Stock Units
2022-12-15+70,000→ 70,000 totalExp: 2025-12-15→ Common Stock (70,000 underlying)
Footnotes (3)
- [F1]Represents 30,000 restricted stock units (RSUs) granted to the reporting person under the issuer's 2013 Equity Incentive Plan, as amended and restated to date (the 2013 Plan). Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest in three equal annual installments on December 15, 2023, December 15, 2024 and December 15, 2025, provided that the reporting person remains employed by the issuer as of each vesting date.
- [F2]Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of an RSU award.
- [F3]Represents up to 70,000 performance stock units (PSUs) granted to the reporting person under the issuer's 2013 Plan. Each PSU represents the contingent right to receive one share of the issuer's common stock. The PSUs vest in three equal tranches at such time or times prior to December 15, 2025 that certain common stock price appreciation metrics are achieved, provided that the reporting person remains employed by the issuer as of each vesting date.