SEC Form 4 · accession 0001437749-16-031304
Ocean Power Technologies, Inc. · OPTT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Mark A Featherstone
Officer — Chief Financial Officer
Period of report
May 5, 2016
Accepted (ET)
May 9, 2016 · 5:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001378140
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 5, 2016 | F | 34,000 | $1.57 | D | 44,915 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Granted under the Company's 2015 Omnibus Incentive Plan as annual compensation, which will vest on the following terms: 50% vests on 10/31/2016 and 50% will vest on 5/1/2017.