SEC Form 4 · accession 0001140361-18-012914
Energous Corp · WATT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Aaron Leabman
Director
Period of report
Mar 8, 2018
Accepted (ET)
Mar 9, 2018 · 8:01 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 Stock | Mar 8, 2018 | M | 80,000 | $6.00 | A | 232,279 | D | |
| Common StockF1 | Mar 8, 2018 | S | 68,000 | $21.87 | D | 164,279 | D | |
| Common StockF2 | Mar 8, 2018 | S | 12,000 | $22.54 | D | 152,279 | D | |
| Common Stock | Mar 9, 2018 | M | 20,000 | $6.00 | A | 172,279 | D | |
| Common StockF3 | Mar 9, 2018 | S | 20,000 | $21.8969 | D | 152,279 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $6.00 | Mar 8, 2018 | M | 80,000 | D | — | Mar 25, 2024 | Common Stock | 80,000 | 24,736 | D |
| Stock Option (right to buy)F4 | $6.00 | Mar 9, 2018 | M | 20,000 | D | — | Mar 25, 2024 | Common Stock | 20,000 | 4,736 | D |
Explanation of responses
- F1Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $21.33 to $22.32 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.
- F2Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.42 to $22.60 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.
- F3Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $21.50 to $22.10 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.
- F41/8th of the stock options vested on March 26, 2014. 1/48th of the remaining stock options vest monthly thereafter, subject to the Reporting Person's continued service to the Company.