SEC Form 4 · accession 0001209191-16-100505
Energous Corp · WATT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Cesar Johnston
Officer — Senior VP of Engineering
Period of report
Dec 31, 2015
Accepted (ET)
Feb 19, 2016 · 4:24 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 StockF1 | Feb 17, 2016 | A | 1,520 | $0.00 | A | 37,740 | D | |
| Common StockF2 | Feb 19, 2016 | M | 6,250 | $0.00 | A | 43,990 | D | |
| Common StockF3 | Feb 19, 2016 | M | 1,500 | $0.00 | A | 45,490 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF4,F5 | — | Dec 31, 2015 | A | 1,520 | A | — | — | Common Stock | 1,520 | 1,636 | D |
| Restricted Stock UnitsF6,F7 | — | Feb 19, 2016 | M | 6,250 | D | — | — | Common Stock | 6,250 | 6,250 | D |
| Restricted Stock UnitsF6,F8 | — | Feb 19, 2016 | M | 1,500 | D | — | — | Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1Represents shares of common stock received upon vesting of a performance share unit award granted on May 21, 2015 pursuant to the Company's 2015 Performance Share Unit Plan and partially earned on December 31, 2015 based on the satisfaction of certain performance-based vesting requirements. The performance share units vested on December 31, 2015 and the shares of common stock were delivered on February 17, 2016.
- F2Represents shares of common stock received upon vesting of a restricted stock unit award that partially vested on February 16, 2016 and settled on February 19, 2016.
- F3Represents shares of common stock received upon vesting of a restricted stock unit award that vested on May 31, 2015 and settled on February 19, 2016.
- F4Each performance share unit represents a contingent right to receive one share of common stock.
- F5Represents a performance share unit award granted on May 21, 2015 pursuant to the Company's 2015 Performance Share Unit Plan and partially earned on December 31, 2015 based on the satisfaction of certain performance-based vesting requirements. The performance share units vest on December 31, 2018.
- F6Each restricted stock unit represents a contingent right to receive one share of common stock.
- F7Represents a restricted stock unit award granted on December 17, 2015 that partially vested on February 16, 2016 and settled on February 19, 2016. The restricted stock unit award vests as follows: one-half on February 16, 2016 and the remaining one-half on October 22, 2016.
- F8Represents a restricted stock unit award granted on May 21, 2015 that vested on May 31, 2015 and settled on February 19, 2016.