Ocean Power Technologies, Inc. 4
4 · Ocean Power Technologies, Inc. · Filed Nov 19, 2013
Insider Transaction Report
Form 4
Dunleavy Charles F
DirectorCFO, SVP, Treasurer and Sec.
Transactions
- Award
Employee Stock Option (Right to Buy)
2013-11-15+9,488→ 9,488 totalExercise: $2.07Exp: 2023-11-15→ Common Stock (9,488 underlying)
Footnotes (2)
- [F1]Fully vested and exercisable on the date of grant.
- [F2]Granted in accordance with a salary reduction agreement dated July 11, 2013. In accordance with this agreement, the grantee voluntarily reduced his cash salary compensation and in consideration of this reduction elected to receive incentive stock options equal in value to the aggregate reduction in base salary.