SEC Form 4 · accession 0001140361-17-025424
Energous Corp · WATT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin Cooper
Director
Period of report
Jan 3, 2017
Accepted (ET)
Jun 16, 2017 · 7:24 pm EDT
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,F2 | Jan 3, 2017 | A | 4,263 | $0.00 | A | 27,533 | D | |
| Common StockF1,F2 | Feb 23, 2017 | A | 1,697 | $0.00 | A | 29,230 | D | |
| Common Stock | Jun 13, 2017 | M | 5,837 | $0.00 | A | 35,067 | D |
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,F4 | — | Jun 13, 2017 | M | 5,837 | D | — | — | Common Stock | 5,837 | 11,673 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
- F2100% of the RSUs will vest on January 2, 2018, subject to the reporting person's continued service to the Issuer. The RSU was granted January 4, 2016 pursuant to the Company's non-employee director compensation policy.
- F3Vesting of RSUs granted to the reporting person on June 13, 2016.
- F4The RSU vests in three equal annual installments on June 13, 2017, 2018, and 2019.