SEC Form 4 · accession 0001140361-18-028851
Energous Corp · WATT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Gaulding
Director
Period of report
Jun 13, 2018
Accepted (ET)
Jun 15, 2018 · 5:53 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 13, 2018 | M | 5,836 | $0.00 | A | 117,224 | D | |
| Common StockF2,F3 | Jun 15, 2018 | S | 4,096 | $16.1044 | D | 113,128 | 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 UnitsF4,F5 | — | Jun 13, 2018 | M | 5,836 | D | — | — | Common Stock | 5,836 | 5,837 | D |
Explanation of responses
- F1Vesting of restricted stock units ("RSU") granted to the reporting person on June 13, 2016.
- F2Represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of a restricted stock unit grant reported in Table II.
- F3Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $16.05 to $16.13 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 three equal annual installments on June 13, 2017, 2018, and 2019.