Powers Robert Patrick 4
4 · Ocean Power Technologies, Inc. · Filed Feb 4, 2025
Insider Transaction Report
Form 4
Powers Robert Patrick
Senior VP and CFO
Transactions
- Tax Payment
Common Stock
2025-01-16$0.99/sh+47,212$46,740→ 363,002 total - Exercise/Conversion
Restricted Stock Unit
2025-01-31+29,542→ 29,542 total→ Common Stock (29,542 underlying) - Exercise/Conversion
Common Stock
2025-01-31+29,542→ 427,862 total - Tax Payment
Common Stock
2025-01-14$0.89/sh+17,468$15,547→ 410,214 total - Tax Payment
Common Stock
2025-01-31$0.66/sh−8,966$5,918→ 308,314 total - Tax Payment
Common Stock
2025-01-21$0.92/sh+45,902$42,230→ 317,100 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 29,542 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.