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Ideal Power Inc. — Director's Dealing 2013
Dec 6, 2013
34661_dirs_2013-12-06_535bcabc-881a-43b4-a342-11b9ae912349.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ideal Power Inc. (IPWR)
CIK: 0001507957
Period of Report: 2013-12-05
Reporting Person: De Tarr Charles (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-12-05 | Option for the Purchase of Common Stock | $5 | J | 1 | Disposed | 2023-07-19 | Common Stock (21000) | Direct |
| 2013-12-05 | Option for the Purchase of Common Stock | $0.4167 | J | 1 | Disposed | 2022-01-31 | Common Stock (26743) | Direct |
| 2013-12-05 | Option for the Purchase of Common Stock | $ | J | 1 | Acquired | Common Stock (33743) | Direct |
Footnotes
F1: The reporting person separated from service on November 27, 2013. As part of his separation agreement, which was effective on December 5, 2013, the reporting person relinquished his right to purchase an aggregate 47,743 shares of common stock covered by two option grants in exchange for the right to purchase an aggregate 33,743 shares of common stock.
F2: This option was to vest in equal increments on December 31, 2013, December 31, 2014 and December 31, 2015.
F3: The reporting person has the right to purchase 26,743 shares of common stock at an exercise price of $0.416675 per share and the right to purchase 7,000 shares of common stock at an exercise price of $5.00 per share.
F4: The right to purchase the shares of common stock covered by the option expires, as to 7,000 shares of common stock with an exercise price of $5.00 per share, on November 26, 2015 and as to 26,743 shares of common stock with an exercise price of $0.416675 per share, on January 31, 2022.
F5: The reporting person holds the option disclosed above along with one warrant for the purchase of 23,706 shares of the Company's common stock.