Ocean Power Technologies, Inc. — Director's Dealing 2010

Jul 20, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ocean Power Technologies, Inc. (OPTT)
CIK: 0001378140
Period of Report: 2010-07-16

Reporting Person: POSNER BRIAN M (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-16	Common Stock	P	2000	$5.44	Acquired	2000	Direct
2010-07-16	Common Stock	A	10000	—	Acquired	12000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-16	Employee Stock Option (Right to buy)	$5.29	A	30000	Acquired	2020-07-15	Common Stock (30000)	Direct

Footnotes

F1: Represents shares of common stock granted under the Company's 2006 Stock Incentive Plan, which will vest over three years based on performance.

F2: Exercisable in five equal annual installments beginning one year after the date of grant.