SEC Form 4 · accession 0001144204-15-054641
Ideal Power Inc. · IPWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan O'Keefe
Officer — Senior VP, Bus. Development
Period of report
Sep 10, 2015
Accepted (ET)
Sep 11, 2015 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001507957
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitF1,F2 | $8.00 | Sep 10, 2015 | A | 96,000 | A | — | Sep 10, 2019 | Common Stock | 96,000 | 96,000 | D |
Explanation of responses
- F1Each performance stock unit ("PSU") represents a contingent right to one share of the Issuer's common stock.
- F2PSUs vest based on the satisfaction of certain stock-price based performance targets and the completion of a 4 year service period.