SEC Form 4 · accession 0001493152-18-017319
Ocean Power Technologies, Inc. · OPTT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven M Fludder
Director
Period of report
Dec 7, 2018
Accepted (ET)
Dec 11, 2018 · 4:01 pm EST
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 | $0.41 | Dec 7, 2018 | A | 50,000 | A | Dec 6, 2019 | Dec 7, 2028 | Common Stock | 50,000 | 50,000 | 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 in full on the date of the next annual general meeting of shareholders.