Energous Corp — Director's Dealing 2019

Jul 17, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Energous Corp (WATT)
CIK: 0001575793
Period of Report: 2019-07-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-12	Common Stock	S	15300	$4.59	Disposed	139699	Direct
2019-07-13	Common Stock	M	30000	—	Acquired	169699	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-13	Restricted Stock Units (RSU)	$	M	30000	Disposed		Common Stock (30000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12015	Indirect

Footnotes

F1: The sales reported were 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 Restricted Stock Units ("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: Each RSU represents a contingent right to receive 1 share of the issuer's common stock upon settlement.

F4: This RSU vests over a four year period with 25% vesting vesting annually beginning on July 13, 2016, subject to the continuing service of the reporting person on each vesting date.