Home/Filings/4/0001209191-13-021078
4//SEC Filing

Taylor George W 4

Accession 0001209191-13-021078

CIK 0001378140other

Filed

Apr 9, 8:00 PM ET

Accepted

Apr 10, 4:40 PM ET

Size

5.6 KB

Accession

0001209191-13-021078

Insider Transaction Report

Form 4
Period: 2013-04-09
Taylor George W
DirectorExecutive Chairman10% Owner
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2013-04-09+13,48213,482 total
    Exercise: $1.52Exp: 2023-04-08Common Stock (13,482 underlying)
Footnotes (2)
  • [F1]Fully vested and exercisable on the date of grant.
  • [F2]Granted in accordance with a salary reduction agreement dated December 12, 2012. In accordance with this agreement the grantee voluntarily reduced his salary compensation and in consideration of this reduction could elect the equivalent incentive stock options or restricted stock equal in value to the aggregate reduction in base salary.

Issuer

Ocean Power Technologies, Inc.

CIK 0001378140

Entity typeother

Related Parties

1
  • filerCIK 0001397131

Filing Metadata

Form type
4
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 4:40 PM ET
Size
5.6 KB