Ocean Power Technologies, Inc. — Director's Dealing 2022

Jan 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ocean Power Technologies, Inc. (OPTT)
CIK: 0001378140
Period of Report: 2022-01-14

Reporting Person: DiPietro Joseph (Controller and Treasurer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-14	Restricted Stock Unit	$	A	11000	Acquired		Common Stock (11000)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.

F2: Restricted stock units granted by the Board of Directors of the Issuer as compensation for service as an officer of the Company. The restricted stock units will vest1/3 on the first anniversary of the date of grant, 1/3 on the second anniversary of the date of grant and 1/3 on the third anniversary of the date of grant.