WINTERS ROBERT K 4
4 · Ocean Power Technologies, Inc. · Filed Jan 4, 2021
Insider Transaction Report
Form 4
WINTERS ROBERT K
Director
Transactions
- Exercise/Conversion
Common Stock
2020-12-30$1.05/sh+25,000$26,250→ 25,000 total - Sale
Common Stock
2020-12-30$2.90/sh−25,000$72,398→ 0 total
Footnotes (1)
- [F1]Reporting person exercised a cashless stock option whereby the stock option was exercised for 25,000 shares at a price of $1.05, and then the shares were sold at multiple transaction prices between $2.88 and $2.91 for an average sales price of $2.8959. The proceeds for the exercise were paid to the Company from the sale proceeds.