Energous Corp — Director's Dealing 2015

Apr 8, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Energous Corp (WATT)
CIK: 0001575793
Period of Report: 2015-04-06

Reporting Person: Johnston Cesar (Senior VP of Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-04-06	Common Stock	M	20000	$0.00	Acquired	27000	Direct
2015-04-07	Common Stock	S	7900	$8.81	Disposed	19100	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-04-06	Restricted Stock units	$	M	20000	Disposed		Common Stock (20000)	Direct

Footnotes

F1: Represents shares of common stock received upon settlement and delivery of a restricted stock unit award.

F2: The reporting person's sale of Energous common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 7,000 shares, with the reporting person's purchase of 7,000 shares of Energous common stock at a price of $7.00 per share on December 10, 2014. The reporting person has agreed to pay to Energous, upon settlement of the sale, $12,611, representing the full amount of the profit realized in connection with the short-swing transaction, less trancaction costs.

F3: Represents shares sold pursuant to a Sell-to-Cover Rule 10b5-1 Plan on April 7, 2015 to pay withholding taxes due in connection with the settlement of certain restricted stock unit awards on April 6, 2015.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.73 to $8.95, inclusive. The reporting person undertakes to provide to Energous Corporation, any security holder of Energous Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) to this Form 4.

F5: Each restricted stock unit represents a contingent right to receive one share of common stock.

F6: Represents a restricted stock unit award granted on August 14, 2014 and partially earned and vested on November 13, 2014 and February 26, 2015 based on the satisfaction of certain performance-based vesting requirements.