Energous Corp — Director's Dealing 2017

Jan 7, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Energous Corp (WATT)
CIK: 0001575793
Period of Report: 2016-12-30

Reporting Person: Gaulding John (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-30	Common Stock	M	193	—	Acquired	21202	Direct
2017-01-04	Common Stock	M	25000	—	Acquired	46202	Direct
2017-01-04	Common Stock	M	14953	—	Acquired	61155	Direct
2017-01-06	Common Stock	S	14651	$16.932	Disposed	46504	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-30	Performance Stock Unit	$	M	193	Disposed		Common Stock (193)	Direct
2017-01-04	Restricted Stock Unit	$	M	25000	Disposed		Common Stock (25000)	Direct
2017-01-04	Restricted Stock Unit	$	M	14953	Disposed		Common Stock (14953)	Direct

Footnotes

F1: Each performance share unit ("PSU") represents a contingent right to receive one share of common stock.

F2: Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.

F3: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F4: Represents the shares sold to cover taxes due upon vesting and settlement of the RSUs.

F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.90 to $16.98 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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 December 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.

F7: Represents shares of common stock upon vesting of a RSU granted on January 4, 2016 pursuant to the Company's director compensation policy. This RSU became 100% vested on January 4, 2017.