Taylor George W 4
4 · Ocean Power Technologies, Inc. · Filed Jun 21, 2012
Insider Transaction Report
Form 4
Taylor George W
DirectorExecutive Chairman10% Owner
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2012-06-14−1,242→ 1,242 totalExercise: $4.05Exp: 2021-06-13→ Common Stock (1,242 underlying) - Award
Employee Stock Option (Right to Buy)
2012-06-13+35,000→ 35,000 totalExercise: $2.00Exp: 2022-06-12→ Common Stock (35,000 underlying) - Award
Employee Stock Option (Right to Buy)
2012-06-19+6,980→ 6,980 totalExercise: $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.