SEC Form 4 · accession 0001140361-18-027948
Energous Corp · WATT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian J Sereda
Officer — Senior Vice President & CFO
Period of report
Jun 6, 2018
Accepted (ET)
Jun 8, 2018 · 9:02 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 | Jun 6, 2018 | A | 4,712 | $0.00 | A | 101,847 | D | |
| Common StockF2,F3 | Jun 6, 2018 | S | 1,645 | $17.0426 | D | 100,202 | D | |
| Common Stock | holding | — | — | — | 12,015 | I | Sereda Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported were 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 acquisition of stock reported on this Form 4 pursuant to the satisfaction of performance criteria. 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.
- F3The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.02 to $17.051 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.