Ocean Power Technologies, Inc. 4
4 · Ocean Power Technologies, Inc. · Filed Feb 2, 2009
Insider Transaction Report
Form 4
Draper Mark
DirectorChief Executive Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2009-01-29+20,000→ 20,000 totalExercise: $6.48Exp: 2019-01-28→ Common Stock (20,000 underlying) - Award
Common Stock
2009-01-29+20,000→ 30,000 total - Award
Common Stock
2009-01-29+10,000→ 10,000 total
Footnotes (3)
- [F1]Represents shares of common stock granted under the Company's 2006 Stock Incentive Plan which will vest on January 28, 2010.
- [F2]Represents shares of common stock granted under the Company's 2006 Stock Incentive Plan which will vest in installments based on the Company's satisfaction of certain performance criteria as of June 30, 2009, April 30, 2010 and April 30, 2011.
- [F3]Exercisable in five equal annual installments beginning one year after date of grant.