Home/Filings/4/0001493152-20-000862
4//SEC Filing

Shafer Matthew T 4

Accession 0001493152-20-000862

CIK 0001378140other

Filed

Jan 20, 7:00 PM ET

Accepted

Jan 21, 4:00 PM ET

Size

8.2 KB

Accession

0001493152-20-000862

Insider Transaction Report

Form 4
Period: 2020-01-16
Shafer Matthew T
CFO and Treasurer
Transactions
  • Award

    Stock Option (right to buy)

    2020-01-16+13,33313,333 total
    Exercise: $1.05From: 2020-01-16Exp: 2030-01-16Common Stock (13,333 underlying)
  • Award

    Stock Option (right to buy)

    2020-01-16+26,66726,667 total
    Exercise: $1.05From: 2020-01-16Exp: 2030-01-16Common Stock (26,667 underlying)
Footnotes (2)
  • [F1]Represents stock option granted under the Company's 2015 Omnibus Incentive Plan, as amended, which vest in two equal installments over two years beginning one year after the date of the grant, based on service.
  • [F2]Represents stock option granted under the Company's 2015 Omnibus Incentive Plan, as amended, which vest in two equal installments over two years beginning one year after the date of the grant, based on performance of a positive total shareholder return as measured by the 5 day share price VWAP as compared to the share price on January 16, 2020 and the 5 day share price VWAP as compared to the share price on January 16, 2021.

Documents

1 file

Issuer

Ocean Power Technologies, Inc.

CIK 0001378140

Entity typeother

Related Parties

1
  • filerCIK 0001684933

Filing Metadata

Form type
4
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:00 PM ET
Size
8.2 KB