Peter E. Slaiby - 01 Feb 2024 Form 4 Insider Report for Ocean Power Technologies, Inc. (OPTT)

Role
Director
Signature
/s/ Peter E. Slaiby
Issuer symbol
OPTT
Transactions as of
01 Feb 2024
Net transactions value
$0
Form type
4
Filing time
02 Feb 2024, 16:05:28 UTC
Previous filing
23 Jan 2024
Next filing
26 Nov 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OPTT Restricted Stock Unit Award $0 +241,935 $0.000000 241,935 01 Feb 2024 Common Stock 241,935 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.
F2 Restricted stock units granted by the Board of Directors of the Issuer as annual compensation to the non-employee members of the Board of Directors, which vest in full on the date of the first annual shareholders meeting following the grant date or one year after the grant date, whichever is earlier.