Ocean Power Technologies, Inc. 4
4 · Ocean Power Technologies, Inc. · Filed Jan 30, 2015
Insider Transaction Report
Form 4
KELLER DAVID L
Director
Transactions
- Award
Common Stock
2015-01-28$0.47/sh+104,000$48,880→ 153,504 total
Footnotes (1)
- [F1]Issued pursuant to the 2006 Stock Incentive Plan and shall vest immediately upon the approval by the shareholders at the 2015 Annual Meeting (tentatively planned for early October 2015) of additional shares to be authorized under the Company's 2006 Stock Incentive Plan as amended. In the event that the shareholder approval referred to above is not obtained or is otherwise deemed unnecessary, the Board shall determine such other vesting schedule or other form(s) of equivalent compensation as may be necessary or appropriate.