SEC Form 4 · accession 0001140361-17-015584
Energous Corp · WATT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen R Rizzone
Officer — CEO and President · Director
Period of report
Apr 9, 2017
Accepted (ET)
Apr 11, 2017 · 6:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001575793
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 9, 2017 | A | 193,059 | A | — | — | Common Stock | 193,059 | 193,059 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
- F225% of the RSUs will vest annually on February 23, 2018, 2019, 2020, and 2021. Delivery of the vested shares will be deferred until the earliest to occur of (a) a separation of service; (b) a change in control; or (c) April 9, 2025.