Ocean Power Technologies, Inc. 4
4 · Ocean Power Technologies, Inc. · Filed Jun 28, 2013
Insider Transaction Report
Form 4
Taylor George W
DirectorExecutive Chairman10% Owner
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-06-19−1,198→ 0 totalExercise: $1.68Exp: 2022-06-18→ Common Stock (1,198 underlying) - Award
Employee Stock Option (Right to Buy)
2013-06-19+7,630→ 7,630 totalExercise: $1.68Exp: 2023-06-18→ Common Stock (7,630 underlying) - Award
Employee Stock Option (Right to Buy)
2013-06-19+30,000→ 30,000 totalExercise: $1.68Exp: 2023-06-18→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]Represents portion of previously granted options to purchase common stock that will not vest. Vesting is based on performance during fiscal year ended April 30, 2013.
- [F2]Issued pursuant to the 2006 Stock Incentive Plan. Vests and becomes exercisable in two equal annual installments beginning one year after the date of grant.
- [F3]Issued pursuant to the 2006 Stock Incentive Plan. Vests and becomes exercisable in three equal annual installments over three years, beginning one year after the date of grant, based on performance.