Taylor George W 4
4 · Ocean Power Technologies, Inc. · Filed Jul 17, 2012
Insider Transaction Report
Form 4
Taylor George W
DirectorExecutive Chairman10% Owner
Transactions
- Tax Payment
Common Stock
2012-07-16$2.65/sh−217$575→ 461,198 total - Disposition to Issuer
Common Stock
2012-07-16−855→ 461,415 total
Holdings
- 543(indirect: See footnote)
Common Stock
Footnotes (3)
- [F1]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.
- [F2]Represents shares delivered back to the Company for payment of tax liability related to shares that vested.
- [F3]Shares held by Princeton Research Associates, Inc. Dr. Taylor is President and a director of Princeton Research Associates. Dr. Taylor disclaims beneficial ownership of the shares held by Princeton Research Associates, Inc. except to the extent of his pecuniary interest therein.