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Energous Corp — Director's Dealing 2016
Nov 17, 2016
35194_dirs_2016-11-16_8a0a2e4d-5d6f-483f-af90-39f0a09b0023.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Energous Corp (WATT)
CIK: 0001575793
Period of Report: 2016-09-30
Reporting Person: Leabman Michael Aaron (Director, Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-30 | Common Stock | M | 4442 | — | Acquired | 119295 | Direct |
| 2016-11-14 | Common Stock | S | 4396 | $14.015 | Disposed | 114899 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-09-30 | Performance Share Units | $ | M | 4442 | Acquired | Common Stock (4442) | Direct |
Footnotes
F1: Represents shares of common stock received upon vesting of a performance share unit award granted on May 21, 2015 pursuant to the Company's 2015 Performance Share Unit Plan and partially earned on September 30, 2016 based on the satisfaction of certain performance-based vesting requirements. 50% of any shares earned shall be deferred and paid after December 31, 2018, subject to the reporting person's continued service with the Issuer.
F2: Represents shares sold to cover taxes due upon vesting and settlement of performance share units.
F3: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $14.01 to $14.0301 per share. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
F4: Each performance share unit represents a contingent right to receive one share of common stock.
F5: Represents a performance share unit award granted on May 21, 2015 pursuant to the Company's 2015 Performance Share Unit Plan and partially earned on September 30, 2016 based on the satisfaction of certain performance-based vesting requirements. 50% of any shares earned shall be deferred and paid after December 31, 2018, subject to the reporting person's continued service with the Issuer.