DiPietro Joseph 4
4 · Ocean Power Technologies, Inc. · Filed Jan 17, 2023
Insider Transaction Report
Form 4
DiPietro Joseph
Controller and Treasurer
Transactions
- Exercise/Conversion
Common Stock
2023-01-13$0.74/sh+3,667$2,714→ 3,667 total - Tax Payment
Common Stock
2023-01-13$0.74/sh−1,258$931→ 2,409 total - Exercise/Conversion
Restricted Stock Unit
2022-01-14−3,667→ 7,333 total→ Common Stock (3,667 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.
- [F2]Restricted stock units granted by the Board of Directors of the Issuer as compensation for service as an officer of the Company. The restricted stock units vests 1/3 on the first anniversary of the date of grant, 1/3 on the second anniversary of the date of grant and 1/3 on the third anniversary of the date of grant.