Ideal Power Inc. — Director's Dealing 2013

Nov 22, 2013

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Ideal Power Inc. (IPWR)
CIK: 0001507957
Period of Report: 2013-11-21

Reporting Person: De Tarr Charles (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	118406	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$0.415	2022-01-31	Common Stock (26743)		Direct
Stock Option	$5	2023-07-19	Common Stock (21000)		Direct
Warrant	$6.3276	2019-05-22	Common Stock (23706)		Direct
Convertible Promissory Note	$5		Common Stock (9018)		Direct
Convertible Promissory Note	$5		Common Stock (33031)		Direct

Footnotes

F1: The right to purchase one-third of the shares of common stock vests on each of December 31, 2013, December 31, 2014 and December 31, 2015.

F2: The convertible promissory note will be paid on the earlier of (i) the completion of the Company's initial public offering or (ii) December 31, 2013. Upon the completion of an initial public offering, the convertible promissory note, including all accrued interest, will be paid with shares of the Company's common stock at the public offering price. For purposes of this report, we have accrued shares for the payment of interest through the date of filing.