SEC Form 4 · accession 0001437749-16-040209
Ocean Power Technologies, Inc. · OPTT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew T Shafer
Officer — CFO and Treasurer
Period of report
Oct 21, 2016
Accepted (ET)
Oct 25, 2016 · 5:47 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 | Oct 21, 2016 | A | 15,462 | $3.22 | A | 15,462 | 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 for 3 years on the following terms: 33.3% vests on 09/17/2017, 33.3% vests on 09/17/2018, 33.3% vests on 09/17/2019.