4//SEC Filing
BURNS TIMOTHY 4
Accession 0001144204-19-018269
CIK 0001507957other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 6:07 AM ET
Size
10.7 KB
Accession
0001144204-19-018269
Insider Transaction Report
Form 4
Ideal Power Inc.IPWR
BURNS TIMOTHY
CFO, Treasurer, Secretary
Transactions
- Disposition to Issuer
Option to Purchase Stock
2019-04-04−30,000→ 0 totalExercise: $5.00Exp: 2023-11-21→ Common Stock (30,000 underlying) - Disposition to Issuer
Option to Purchase Stock
2019-04-04−125,000→ 0 totalExercise: $7.84Exp: 2024-09-16→ Common Stock (125,000 underlying) - Disposition to Issuer
Performance Stock Unit
2019-04-04−44,000→ 0 totalExercise: $7.92Exp: 2020-01-05→ Common Stock (44,000 underlying)
Footnotes (6)
- [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]Each performance stock unit ("PSU") represents a contingent right to one share of the Issuer's common stock.
- [F3]The right to purchase the common stock vests in equal increments over 4 years on the anniversary of the grant date.
- [F4]The right to purchase the common stock vests in equal increments over 4 years on the anniversary of the grant date.
- [F5]PSUs vest based on the satisfaction of certain stock-price based performance targets and the completion of a 4 year service period.
- [F6]Derivative security voluntarily forfeited pursuant to an Award Forfeiture Agreement, dated April 4, 2019.
Documents
Issuer
Ideal Power Inc.
CIK 0001507957
Entity typeother
Related Parties
1- filerCIK 0001520107
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 6:07 AM ET
- Size
- 10.7 KB