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4//SEC Filing

Taylor George W 4

Accession 0001209191-12-034870

CIK 0001378140other
View on SEC.govCompany Profile

Filed

Jun 20, 8:00 PM ET

Accepted

Jun 21, 3:51 PM ET

Size

9.7 KB

Accession

0001209191-12-034870

Insider Transaction Report

Form 4
Period: 2012-06-13
Ocean Power Technologies, Inc.OPTT
Taylor George W
DirectorExecutive Chairman10% Owner
Transactions
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2012-06-14−1,242→ 1,242 total
    Exercise: $4.05Exp: 2021-06-13→ Common Stock (1,242 underlying)
  • Award

    Employee Stock Option (Right to Buy)

    2012-06-13+35,000→ 35,000 total
    Exercise: $2.00Exp: 2022-06-12→ Common Stock (35,000 underlying)
  • Award

    Employee Stock Option (Right to Buy)

    2012-06-19+6,980→ 6,980 total
    Exercise: $2.01Exp: 2022-06-18→ Common Stock (6,980 underlying)
Footnotes (3)
  • [F1]Exercisable in two equal installments, 50% on June 13, 2013 and 50% on June 13, 2014.
  • [F2]Represents portion of previously granted options to purchase common stock which will not vest. Vesting is based on performance during the fiscal year ended April 30, 2012.
  • [F3]Exercisable in annual installments over three years, beginning one year after the date of grant, based on performance.

Documents

1 file

Issuer

Ocean Power Technologies, Inc.

CIK 0001378140

→
Entity typeother

Related Parties

1
  • filerCIK 0001397131

Filing Metadata

Form type
4
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 3:51 PM ET
Size
9.7 KB
View on SEC.gov