Dunleavy Charles F 4

4 · Ocean Power Technologies, Inc. · Filed Jun 21, 2012

Form 4

Period: 2012-06-13

DirectorCFO, SVP, Treasurer and Sec.

Transactions

Tax Payment
Common Stock
2012-06-14−2,962→ 155,257 total
Disposition to Issuer
Common Stock
2012-06-14−13,300→ 158,219 total
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)
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)
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)

Footnotes (5)

[F1]Represents portion of previously granted shares of restricted common stock which will not vest. Vesting is based on performance during the fiscal year ended April 30, 2012.
[F2]Represents shares delivered back to the Company for payment of tax liability related to shares that vested.
[F3]Exercisable in five equal annual installments beginning one year after date of grant.
[F4]Exercisable in annual installments over three years, beginning one year after the date of grant, based on performance.
[F5]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.

Documents

1 file