Ocean Power Technologies, Inc. — Director's Dealing 2021

Jan 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ocean Power Technologies, Inc. (OPTT)
CIK: 0001378140
Period of Report: 2020-12-30

Reporting Person: WINTERS ROBERT K (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-30	Common Stock	M	25000	$1.05	Acquired	25000	Direct
2020-12-30	Common Stock	S	25000	$2.8959	Disposed	0	Direct

Footnotes

F1: Reporting person exercised a cashless stock option whereby the stock option was exercised for 25,000 shares at a price of $1.05, and then the shares were sold at multiple transaction prices between $2.88 and $2.91 for an average sales price of $2.8959. The proceeds for the exercise were paid to the Company from the sale proceeds.