SEC Form 4 · accession 0001437749-16-031302
Ocean Power Technologies, Inc. · OPTT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
terence james cryan
Director
Period of report
May 5, 2016
Accepted (ET)
May 9, 2016 · 5:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001378140
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $1.57 | May 5, 2016 | A | 18,302 | A | Oct 10, 2016 | May 5, 2026 | Common Stock | 18,302 | 25 | D |
Explanation of responses
- F1Represents stock option granted under the Company's 2015 Omnibus Incentive Plan as annual compensation to the non-employee members of the Board of Directors, which vest on the date of the next annual meeting.