4//SEC Filing
Powers Robert Patrick 4
Accession 0001493152-25-003029
CIK 0001378140other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:09 PM ET
Size
19.2 KB
Accession
0001493152-25-003029
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2025-01-16+102,625→ 318,137 total - Exercise/Conversion
Common Stock
2025-01-16+91,072→ 420,097 total - Award
Restricted Stock Unit
2025-01-16+746,533→ 746,533 total→ Common Stock (746,533 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-01-16+102,625→ 102,625 total→ Common Stock (102,625 underlying) - Exercise/Conversion
Common Stock
2025-01-16+38,111→ 110,832 total - Exercise/Conversion
Common Stock
2025-01-16+104,680→ 215,512 total - Exercise/Conversion
Restricted Stock Unit
2025-01-16+38,111→ 38,111 total→ Common Stock (38,111 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-01-16+104,680→ 104,680 total→ Common Stock (104,680 underlying)
Footnotes (6)
- [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 Issuer. The restricted stock units will vest in full on the date of the first annual shareholders meeting following the grant date or one year after the grant date, whichever is earlier.
- [F3]On January 14, 2022, the reporting person was granted 38,111 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 16, 2025.
- [F4]On January 19, 2023, the reporting person was granted 104,680 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 16, 2025.
- [F5]On February 1, 2024, the reporting person was granted 102,625 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 16, 2025.
- [F6]Shares acquired upon the time based vesting of restricted stock unit granted in January 2022, 2023 and 2024.
Documents
Issuer
Ocean Power Technologies, Inc.
CIK 0001378140
Entity typeother
Related Parties
1- filerCIK 0001368073
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 4:09 PM ET
- Size
- 19.2 KB