|4Jan 2, 4:11 PM ET

Ocean Power Technologies, Inc. 4

4 · Ocean Power Technologies, Inc. · Filed Jan 2, 2014

Insider Transaction Report

Form 4
Period: 2013-12-31
Dunleavy Charles F
DirectorCFO, SVP, Treasurer and Sec.
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2013-12-31+10,05110,051 total
    Exercise: $1.92Exp: 2023-12-31Common Stock (10,051 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.

Documents

1 file
  • 4
    rdgdoc.xmlPrimary

    PRIMARY DOCUMENT