SEC Form 4 · accession 0001140361-17-001086
Energous Corp · WATT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian J Sereda
Officer — Vice President & CFO
Period of report
Dec 30, 2016
Accepted (ET)
Jan 6, 2017 · 7:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001575793
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | Dec 30, 2016 | M | 387 | $0.00 | A | 69,684 | D |
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 | — | Dec 30, 2016 | M | 387 | D | — | — | Common Stock | 387 | 55,980 | D |
Explanation of responses
- F1Each performance share unit ("PSU") represents a contingent right to receive one share of common stock.
- F2Represents a PSU granted on May 21, 2015 pursuant to the Company's 2015 Performance Share Unit Plan and partially earned on December 30, 2016 based on the satisfaction of certain performance-based vesting requirements. 50% of any shares earned shall be deferred and paid after December 31, 2018, subject to the reporting person's continued service with the Issuer.
- F3Includes 605 shares acquired under the issuer's employee stock purchase plan on December 30, 2016.