Slaiby Peter E. 4
4 · Ocean Power Technologies, Inc. · Filed Jan 21, 2025
Insider Transaction Report
Form 4
Slaiby Peter E.
Director
Transactions
- Award
Restricted Stock Unit
2025-01-16+593,208→ Common Stock (593,208 underlying) - Exercise/Conversion
Common Stock
2025-01-16+241,935→ 483,806 total
Footnotes (3)
- [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 annual compensation to the non-employee members of the Board of Directors, which 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]Shares acquired upon the vesting of a restricted stock unit granted in January 2024.