4//SEC Filing
Burdyny Matthew 4
Accession 0001493152-25-003032
CIK 0001378140other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:09 PM ET
Size
17.8 KB
Accession
0001493152-25-003032
Insider Transaction Report
Form 4
Burdyny Matthew
Chief Commercial Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2025-01-16+85,126→ 85,126 total→ Common Stock (85,126 underlying) - Exercise/Conversion
Common Stock
2025-01-16+53,811→ 234,171 total - Award
Restricted Stock Unit
2025-01-16+776,614→ 776,614 total→ Common Stock (776,614 underlying) - Award
Restricted Stock Unit
2025-01-16+491,803→ 491,803 total→ Common Stock (491,803 underlying) - Exercise/Conversion
Common Stock
2025-01-16+36,030→ 95,234 total - Exercise/Conversion
Common Stock
2025-01-16+85,126→ 180,360 total - Exercise/Conversion
Restricted Stock Unit
2025-01-16+36,030→ 36,030 total→ Common Stock (36,030 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 19, 2023, the reporting person was granted 36,030 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 February 1, 2024, the reporting person was granted 85,126 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 16, 2025.
- [F5]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.
- [F6]Shares acquired upon the time based vesting of restricted stock units granted in January 2023 and 2024.
Documents
Issuer
Ocean Power Technologies, Inc.
CIK 0001378140
Entity typeother
Related Parties
1- filerCIK 0002001415
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 4:09 PM ET
- Size
- 17.8 KB