Energous Corp — Director's Dealing 2017

Jul 18, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Energous Corp (WATT)
CIK: 0001575793
Period of Report: 2017-07-14

Reporting Person: Johnston Cesar (Senior VP, Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-07-14	Common Stock	M	25000	—	Acquired	123133	Direct
2017-07-17	Common Stock	S	9443	$16.1103	Disposed	113690	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-07-14	Restricted Stock Units	$	M	25000	Disposed		Common Stock (25000)	Direct

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.

F3: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $16.10 to $16.20 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 RSU represents a contingent right to receive one share of common stock.

F5: The RSU vests in four equal annual installments on August 14, 2015, 2016, 2017, and 2018.