SEC Form 4 · accession 0001140361-17-028029

Energous Corp · WATT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Senior Vice President & CFO

Period of report

Jul 13, 2017

Accepted (ET)

Jul 17, 2017 · 7:41 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 Stock	Jul 13, 2017	M	30,000	$0.00	A	133,577	D
Common Stock^F2,F3	Jul 14, 2017	S	11,395	$16.1058	D	122,182	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F4,F5	—	Jul 13, 2017	M	30,000	D	—	—	Common Stock	30,000	60,000	D

F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F3Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $16.10 to $16.21 per share. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
F4Each RSU represents a contingent right to receive one share of common stock.
F5The RSUs vest in four equal annual installments on July 13, 2016, 2017, 2018, and 2019.