Ideal Power Inc. — Director's Dealing 2019

May 2, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ideal Power Inc. (IPWR)
CIK: 0001507957
Period of Report: 2019-04-30

Reporting Person: Lesster Laban E (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-30	Option to Purchase Stock	$0.425	A	78000	Acquired	2029-04-30	Common Stock (78000)	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 right to purchase the common stock vests as follows: the right to purchase 19,500 shares of common stock vested on April 30, 2019; the right to purchase 19,500 shares of common stock vests on June 30, 2019; the right to purchase 19,500 shares of common stock vests on September 30, 2019; and the right to purchase 19,500 shares vests on December 31, 2019.