Ideal Power Inc. — Director's Dealing 2014

Sep 19, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ideal Power Inc. (IPWR)
CIK: 0001507957
Period of Report: 2014-09-16

Reporting Person: BURNS TIMOTHY (CFO, Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-16	Option to Purchase Common Stock	$7.84	A	125000	Acquired	2024-09-16	Common Stock (125000)	Direct

Footnotes

F1: The stock option was granted from the Ideal Power Converters, Inc. 2013 Equity Incentive Plan (the "Plan").

F2: The right to purchase 80% of the option shares is contingent upon the Company obtaining stockholder approval of an amendment to the Plan increasing the number of shares of common stock available for awards. The number of option shares granted to the reporting person may be decreased by 80%, or 100,000 option shares, if stockholder approval is not obtained on or before the annual meeting of the Company's stockholders to be held in 2016.

F3: The right to purchase the common stock vests in equal increments over 4 years on the anniversary of the grant date.

F4: Includes an option granted on November 21, 2013 for the purchase of 30,000 shares of common stock.