Ocean Power Technologies, Inc. — Director's Dealing 2011

Apr 19, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ocean Power Technologies, Inc. (OPTT)
CIK: 0001378140
Period of Report: 2011-04-15

Reporting Person: Taylor George W (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-15	Common Stock	S	10000	$4.90	Disposed	503801	Direct
2011-04-18	Common Stock	S	15000	$4.78	Disposed	488801	Direct
2011-04-19	Common Stock	S	12000	$4.76	Disposed	476801	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	543	Indirect

Footnotes

F1: The price in Column 4 is a weighted average price. The actual sale prices for these transactions ranged from $4.88 to $4.92 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

F2: The price in Column 4 is a weighted average price. The actual sale prices for these transactions ranged from $4.75 to $4.81 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

F3: Shares held by Princeton Research Associates, Inc. Dr. Taylor is President and a director of Princeton Research Associates. Dr. Taylor disclaims beneficial ownership of the shares held by Princeton Research Associates, Inc. except to the extent of his pecuniary interest therein.

F4: The price in Column 4 is a weighted average price. The actual sale prices for these transactions ranged from $4.75 to $4.78 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.