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Energous Corp — Director's Dealing 2016
Nov 4, 2016
35194_dirs_2016-11-03_b5f7b8de-3894-48db-8e9e-cc3fefeda401.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: 2016-11-01
Reporting Person: RIZZONE STEPHEN R (Director, CEO and President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-01 | Restricted Stock Unit | $ | A | 150000 | Acquired | Common Stock (150000) | Direct | |
| 2016-11-01 | Performance Stock Unit | $ | A | 150000 | Acquired | Common Stock (150000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of common stock.
F2: 25% of the restricted stock units will vest annually on August 18, 2017, 2018, 2019, and 2020. Delivery of the vested shares will be deferred until the earliest to occur of (a) a separation of service; (b) a change in control; or (c) November 1, 2024.
F3: Performance stock units shall be earned and vested upon satisfaction of certain stock performance milestones as determined by the Board. Delivery of the vested shares will be deferred until the earliest to occur of (a) a separation of service; (b) a change in control; or (c) November 1, 2024.