Burdyny Matthew 4
4 · Ocean Power Technologies, Inc. · Filed Feb 4, 2025
Insider Transaction Report
Form 4
Burdyny Matthew
Chief Commercial Officer
Transactions
- Tax Payment
Common Stock
2025-01-16$0.99/sh−37,698$37,321→ 222,368 total - Tax Payment
Common Stock
2025-01-31$0.66/sh−5,967$3,938→ 203,047 total - Exercise/Conversion
Common Stock
2025-01-31+24,505→ 260,066 total - Tax Payment
Common Stock
2025-01-21$0.92/sh−13,354$12,286→ 209,014 total - Exercise/Conversion
Restricted Stock Unit
2025-01-31+24,505→ 24,505 total→ Common Stock (24,505 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.
- [F2]On February 1, 2024, the reporting person was granted 24,505 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 31, 2025.
- [F3]Per share value is based on the market closing price of the common stock on the applicable transaction date.