SEC Form 4 · accession 0001437749-17-017518
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
Oct 20, 2017
Accepted (ET)
Oct 24, 2017 · 4:01 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 | $1.34 | Oct 20, 2017 | A | 42,666 | A | Oct 20, 2018 | Oct 20, 2027 | Common Stock | 42,666 | 42,666 | D |
Explanation of responses
- F1Represents stock option granted under the Company's 2015 Omnibus Incentive Plan, as amended, as annual compensation to the non-employee members of the Board of Directors, which vest on the date of the next annual meeting of Stockholders.