TURMELLE MICHAEL C 4
4 · Ideal Power Inc. · Filed May 2, 2019
Insider Transaction Report
Form 4
Ideal Power Inc.IPWR
TURMELLE MICHAEL C
Director
Transactions
- Award
Option to Purchase Stock
2019-04-30+78,000→ 78,000 totalExercise: $0.42Exp: 2029-04-30→ Common Stock (78,000 underlying)
Footnotes (2)
- [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 right to purchase the common stock vests as follows: the right to purchase 19,500 shares of common stock vested on April 30, 2019; the right to purchase 19,500 shares of common stock vests on June 30, 2019; the right to purchase 19,500 shares of common stock vests on September 30, 2019; and the right to purchase 19,500 shares vests on December 31, 2019.