Patel Rahul G. 4
4 · Energous Corp · Filed Jan 4, 2024
Insider Transaction Report
Form 4
Energous CorpWATT
Patel Rahul G.
Director
Transactions
- Award
Common Stock
2024-01-02+1,250→ 4,334 total - Sale
Common Stock
2024-01-03$1.60/sh−675$1,080→ 3,659 total
Footnotes (4)
- [F1]The restricted stock units ("RSUs") vest as to 100% of the award on January 2, 2025, subject to the Reporting Person's continued service to the Issuer through such date. The RSUs were granted to the reporting person pursuant to the Company's Non-employee Director Compensation Policy.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
- [F3]The Reporting Person's holdings have been adjusted to reflect the 1-for-20 reverse stock split of the Issuer's common stock that became effective on August 16, 2023.
- [F4]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 14, 2023.