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Ocean Power Technologies, Inc. Director's Dealing 2014

Oct 24, 2014

34237_dirs_2014-10-24_49cd1a5f-ab79-455b-b4b8-cd95181d2de7.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: 2014-10-22

Reporting Person: Heinz David R (Chief Operating Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-10-22 Common Stock A 30000 Acquired 62033 Direct
2014-10-22 Common Stock A 60000 Acquired 122033 Direct

Footnotes

F1: Issued pursuant to the 2006 Stock Incentive Plan. Vests in three equal annual installments over three years, beginning one year after the date of the grant, based on service.

F2: Issued pursuant to the 2006 Stock Incentive Plan. Vests in three equal annual installments over three years, beginning one year after the date of the grant, based on performance of the Company's Share price to a comparable market based indicator to be determined by the Company's Board of Directors.