Energous Corp — Director's Dealing 2019

Feb 2, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Energous Corp (WATT)
CIK: 0001575793
Period of Report: 2019-01-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-01-30	Common Stock	A	12640	—	Acquired	124391	Direct
2019-01-30	Common Stock	S	3792	$7.40	Disposed	120599	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12015	Indirect

Footnotes

F1: Represents the number of shares vested upon the achievement of certain performance criteria pursuant to a performance based restricted stock unit ("PSU") granted to the reporting person on May 21, 2015 pursuant to the Issuer's 2015 Performance Share Unit Plan.

F2: The sales reported were 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 acquisition of stock reported on this Form 4 pursuant to the satisfaction of performance criteria. 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.