4//SEC Filing
Patel Rahul G. 4
Accession 0001209191-22-046088
CIK 0001575793other
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 7:03 PM ET
Size
10.1 KB
Accession
0001209191-22-046088
Insider Transaction Report
Form 4
Energous CorpWATT
Patel Rahul G.
Director
Transactions
- Exercise/Conversion
Common Stock
2022-08-15+14,021→ 57,751 total - Sale
Common Stock
2022-08-16$1.49/sh−7,571$11,311→ 50,180 total - Exercise/Conversion
Restricted Stock Units
2022-08-15−14,021→ 0 totalExercise: $0.00→ 14021 (14,021 underlying)
Footnotes (6)
- [F1]On May 20, 2022, the Reporting Person filed Form 5 to report the vesting of 14,021 restricted stock units on August 15, 2021 (the "August 2021 RSUs"). The holdings reported in Table I, Column 5 of Forms 4 filed on January 5, 2022 and February 17, 2022 do not reflect the vesting and settlement of the August 2021 RSUs.
- [F2]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.49 to $1.50 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- [F4]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- [F5]The RSUs vested as to 1/3 of the underlying shares on each of August 15, 2020, August 15, 2021 and August 15, 2022. The RSUs were granted to the reporting person pursuant to the Company's Non-employee Director Compensation Policy.
- [F6]RSUs do not expire; they either vest or are canceled prior to the vesting date.
Documents
Issuer
Energous Corp
CIK 0001575793
Entity typeother
Related Parties
1- filerCIK 0001785783
Filing Metadata
- Form type
- 4
- Filed
- Aug 15, 8:00 PM ET
- Accepted
- Aug 16, 7:03 PM ET
- Size
- 10.1 KB