Burdyny Matthew 4
4 · Ocean Power Technologies, Inc. · Filed Feb 2, 2024
Insider Transaction Report
Form 4
Burdyny Matthew
Chief Commercial Officer
Transactions
- Award
Restricted Stock Unit
2024-02-01+134,409→ 134,409 total→ Common Stock (134,409 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 will vest1/3 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.