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Ocean Power Technologies, Inc. Director's Dealing 2012

Jul 17, 2012

34237_dirs_2012-07-17_6048fc9d-b9d9-4632-9809-a3f49efc509f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ocean Power Technologies, Inc. (OPTT)
CIK: 0001378140
Period of Report: 2012-07-16

Reporting Person: Dunleavy Charles F (Director, CEO and Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-16	Common Stock	D	855	—	Disposed	154402	Direct
2012-07-16	Common Stock	F	190	$2.65	Disposed	154212	Direct

Footnotes

F1: Represents portion of previously granted shares of restricted common stock which will not vest. Vesting is based on performance during the fiscal year ended April 30, 2012.

F2: Represents shares delivered back to the Company for payment of tax liability related to shares that vested.