Ideal Power Inc. — Director's Dealing 2016

Jan 6, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ideal Power Inc. (IPWR)
CIK: 0001507957
Period of Report: 2015-01-02

Reporting Person: BELL LON E (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-02	Option to Purchase Stock	$7.32	A	12834	Acquired	2025-01-02	Common Stock (12834)	Direct
2016-01-04	Option to Purchase Stock	$7.94	A	12646	Acquired	2026-01-04	Common Stock (12646)	Direct

Footnotes

F1: The option was issued from the Ideal Power Inc. (formerly known as Ideal Power Converters, Inc.) Amended & Restated 2013 Equity Incentive Plan, as in existence on the date of grant.

F2: The grant represents an annual automatic grant of options to each independent member of the Issuer's Board of Directors, which was inadvertently not timely reported.

F3: The right to purchase the common stock vests as follows: the right to purchase 3,208 shares of common stock vests on March 31, 2015; the right to purchase 3,209 shares of common stock vests on June 30, 2015; the right to purchase 3,208 shares of common stock vests on September 30, 2015; and the right to purchase 3,209 shares vests on December 31, 2015.

F4: The right to purchase the common stock vests as follows: the right to purchase 3,161 shares of common stock vests on March 31, 2016; the right to purchase 3,162 shares of common stock vests on June 30, 2016; the right to purchase 3,161 shares of common stock vests on September 30, 2016; and the right to purchase 3,162 shares vests on December 31, 2016.