Ideal Power Inc. — Director's Dealing 2021

Nov 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ideal Power Inc. (IPWR)
CIK: 0001507957
Period of Report: 2021-11-18

Reporting Person: Lesster Laban E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-18	Common Stock	M	400	$2.39	Acquired	400	Direct
2021-11-18	Common Stock	S	400	$18.02	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-18	Option to Purchase Stock	$2.39	M	400	Disposed	2030-01-10	Common Stock (400)	Direct

Footnotes

F1: The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.

F2: The option vested in four equal installments on March 31, 2020, June 30, 2020, September 30, 2020 and December 31, 2020.