Ocean Power Technologies, Inc. — Director's Dealing 2023

Jan 26, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ocean Power Technologies, Inc. (OPTT)
CIK: 0001378140
Period of Report: 2023-01-23

Reporting Person: Cryan Terence James (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-23	Restricted Stock Unit	$	A	110294	Acquired		Common Stock (110294)	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 annual compensation to the non-employee members of the Board of Directors, which vest in full on the date of the first annual shareholders meeting following the grant date or one year after the grant date, whichever is earlier.