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Ocean Power Technologies, Inc. — Director's Dealing 2024
Feb 2, 2024
34237_dirs_2024-02-02_fab39c54-8c2e-4431-ad29-add9e629d92d.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: 2024-02-01
Reporting Person: Stratmann Philipp (Director, President and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-01 | Restricted Stock Unit | $ | A | 300484 | Acquired | Common Stock (300484) | 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.
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