Ideal Power Inc. — Director's Dealing 2019

Apr 5, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: BURNS TIMOTHY (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-04	Option to Purchase Stock	$5.00	D	30000	Disposed	2023-11-21	Common Stock (30000)	Direct
2019-04-04	Option to Purchase Stock	$7.84	D	125000	Disposed	2024-09-16	Common Stock (125000)	Direct
2019-04-04	Performance Stock Unit	$7.92	D	44000	Disposed	2020-01-05	Common Stock (44000)	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: Each performance stock unit ("PSU") represents a contingent right to one share of the Issuer's common stock.

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

F4: The right to purchase the common stock vests in equal increments over 4 years on the anniversary of the grant date.

F5: PSUs vest based on the satisfaction of certain stock-price based performance targets and the completion of a 4 year service period.

F6: Derivative security voluntarily forfeited pursuant to an Award Forfeiture Agreement, dated April 4, 2019.