Energous Corp — Director's Dealing 2016

Nov 15, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Energous Corp (WATT)
CIK: 0001575793
Period of Report: 2016-09-30

Reporting Person: Johnston Cesar (Senior VP, Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-30	Common Stock	M	8885	$0.00	Acquired	162848	Direct
2016-11-10	Common Stock	S	40000	$14.3694	Disposed	122848	Direct
2016-11-11	Common Stock	S	18164	$14.0175	Disposed	104684	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-09-30	Performance Share Units	$	M	8885	Acquired		Common Stock (8885)	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 a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $14.33 to $14.50 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.

F3: Represents shares sold to cover taxes due upon vesting and settlement of restricted share units.

F4: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.06 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.

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

F6: 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.