4//SEC Filing
Ocean Power Technologies, Inc. 4
Accession 0001209191-13-034111
$OPTTCIK 0001378140operating
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 5:00 PM ET
Size
12.9 KB
Accession
0001209191-13-034111
Insider Transaction Report
Form 4
Dunleavy Charles F
DirectorCFO, SVP, Treasurer and Sec.
Transactions
- Disposition to Issuer
Common Stock
2013-06-19−12,018→ 136,242 total - Award
Employee Stock Option (Right to Buy)
2013-06-19+7,630→ 7,630 totalExercise: $1.68Exp: 2023-06-18→ Common Stock (7,630 underlying) - Tax Payment
Common Stock
2013-06-19$1.68/sh−3,340$5,611→ 132,902 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-06-19−1,198→ 0 totalExercise: $1.68Exp: 2022-06-18→ Common Stock (1,198 underlying) - Award
Employee Stock Option (Right to Buy)
2013-06-19+30,000→ 30,000 totalExercise: $1.68Exp: 2023-06-18→ Common Stock (30,000 underlying)
Footnotes (5)
- [F1]Represents portion of previously granted shares of restricted common stock that will not vest. Vesting is based on performance during the fiscal year ended April 30, 2013.
- [F2]Represents shares delivered back to the Company for payment of tax liability related to shares that vested.
- [F3]Represents portion of previously granted options to purchase common stock that will not vest. Vesting is based on performance during fiscal year ended April 30, 2013.
- [F4]Issued pursuant to the 2006 Stock Incentive Plan. Vests and becomes exercisable in five equal annual installments beginning one year after the date of grant.
- [F5]Issued pursuant to the 2006 Stock Incentive Plan. Vests and becomes exercisable in three equal annual installments over three years, beginning one year after the date of grant, based on performance.
Documents
Issuer
Ocean Power Technologies, Inc.
CIK 0001378140
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001378140
Filing Metadata
- Form type
- 4
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 5:00 PM ET
- Size
- 12.9 KB