Stratmann Philipp 4
4 · Ocean Power Technologies, Inc. · Filed Feb 4, 2025
Insider Transaction Report
Form 4
Stratmann Philipp
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2025-01-31+54,782→ 822,283 total - Tax Payment
Common Stock
2025-01-14$0.89/sh+33,689$29,983→ 788,594 total - Tax Payment
Common Stock
2025-01-16$0.99/sh+88,157$87,275→ 700,437 total - Tax Payment
Common Stock
2025-01-21$0.92/sh+77,059$70,894→ 623,378 total - Award
Restricted Stock Unit
2025-01-31+54,782→ 54,782 total→ Common Stock (54,782 underlying) - Tax Payment
Common Stock
2025-01-31$0.66/sh−16,626$10,973→ 606,752 total
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 54,782 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.