Ideal Power Inc. 4
4 · Ideal Power Inc. · Filed Jan 20, 2017
Insider Transaction Report
Form 4
Ideal Power Inc.IPWR
EISENHAURE DAVID B
Director
Transactions
- Award
Option to Purchase Stock
2017-01-03+27,875→ 27,875 totalExercise: $3.15Exp: 2027-01-03→ Common Stock (27,875 underlying)
Footnotes (3)
- [F1]The option was issued from the Ideal Power Inc. (formerly known as Ideal Power Converters, Inc.) Amended & Restated 2013 Equity Incentive Plan, as in existence on the date of grant.
- [F2]The grant represents an annual automatic grant of options to each independent member of the Issuer's Board of Directors, which was inadvertently not timely reported.
- [F3]The right to purchase the common stock vests as follows: the right to purchase 6,968 shares of common stock vests on March 31, 2017; the right to purchase 6,969 shares of common stock vests on June 30, 2017; the right to purchase 6,969 shares of common stock vests on September 30, 2017; and the right to purchase 6,969 shares vests on December 31, 2017.