SEC Form 4 · accession 0001567619-18-008396
Energous Corp · WATT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neeraj Sahejpal
Officer — Senior VP, Product Marketing
Period of report
Dec 17, 2018
Accepted (ET)
Dec 19, 2018 · 8:07 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 StockF2 | Dec 17, 2018 | S | 900 | $6.50 | D | 103,340 | D |
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 vesting of a restricted stock unit ("RSU") grant that was previously reported in Table I on the Form 3 filed on March 20, 2017. Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for 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.