Ideal Power Inc. — Director's Dealing 2019

Nov 14, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ideal Power Inc. (IPWR)
CIK: 0001507957
Period of Report: 2019-11-13

Reporting Person: BELL LON E (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-13	Common Stock	P	201914	$2.4763	Acquired	212881	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-13	Common Stock Warrants	$2.32	P	252393	Acquired	2024-11-13	Common Stock (252393)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9450	Indirect

Footnotes

F1: Represents shares of common stock and warrants to purchase common stock purchased by the reporting person for $2.4763 per share of common stock as part of a private placement by Ideal Power Inc.

F2: The shares of common stock are owned by the Bell Family Trust dated February 2, 1995. The reporting person is the trustee and a beneficiary of the Bell Family Trust and has voting and investment control over the securities.