Energous Corp — Director's Dealing 2018

Jul 18, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Energous Corp (WATT)
CIK: 0001575793
Period of Report: 2018-07-13

Reporting Person: Sereda Brian J (Senior Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-13	Common Stock	M	30000	—	Acquired	130202	Direct
2018-07-16	Common Stock	S	10540	$15.5449	Disposed	119662	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-07-13	Restricted Stock Units	$	M	30000	Disposed		Common Stock (30000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12015	Indirect

Footnotes

F1: Vesting of restricted stock units ("RSU") granted to the reporting person on July 13, 2015.

F2: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F3: 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 RSU. 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.

F4: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $15.54 to $15.61 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 RSU represents a contingent right to receive one share of common stock.

F6: The RSUs vest in four equal annual installments on July 13, 2016, 2017, 2018, and 2019.