Ideal Power Inc. 4
4 · Ideal Power Inc. · Filed Jan 6, 2016
Insider Transaction Report
Form 4
Ideal Power Inc.IPWR
EISENHAURE DAVID B
Director
Transactions
- Award
Option to Purchase Stock
2015-01-02+12,834→ 12,834 totalExercise: $7.32Exp: 2025-01-02→ Common Stock (12,834 underlying) - Award
Option to Purchase Stock
2016-01-04+12,646→ 12,646 totalExercise: $7.94Exp: 2026-01-04→ Common Stock (12,646 underlying)
Footnotes (4)
- [F1]The option was issued from the Ideal Power Inc. (formerly known as Ideal Power Converters, Inc.) Amended & Restated 2013 Equity Incentive Plan, as in existence on the date of grant.
- [F2]The grant represents an annual automatic grant of options to each independent member of the Issuer's Board of Directors, which was inadvertently not timely reported.
- [F3]The right to purchase the common stock vests as follows: the right to purchase 3,208 shares of common stock vests on March 31, 2015; the right to purchase 3,209 shares of common stock vests on June 30, 2015; the right to purchase 3,208 shares of common stock vests on September 30, 2015; and the right to purchase 3,209 shares vests on December 31, 2015.
- [F4]The right to purchase the common stock vests as follows: the right to purchase 3,161 shares of common stock vests on March 31, 2016; the right to purchase 3,162 shares of common stock vests on June 30, 2016; the right to purchase 3,161 shares of common stock vests on September 30, 2016; and the right to purchase 3,162 shares vests on December 31, 2016.