Philipp Stratmann - Jan 31, 2025 Form 4/A - Amendment Insider Report for Ocean Power Technologies, Inc. (OPTT)

Signature
/s/ Philipp Stratmann
Stock symbol
OPTT
Transactions as of
Jan 31, 2025
Transactions value $
-$338,992
Form type
4/A - Amendment
Date filed
3/14/2025, 05:11 PM
Date Of Original Report
Feb 4, 2025
Previous filing
Jan 21, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPTT Common Stock Tax liability -$339K -365K -41.5% $0.93 514K Jan 31, 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction constitutes the withholding of shares to satisfy tax obligations upon the vesting of restricted stock units.
F2 Aggregate estimate of prices related to tax withholding.

Remarks:

This amendment is being filed because on February 4, 2025, the reporting person filed a Form 4 which inadvertently did not report the withholding of shares to pay tax withholding obligations upon vesting of restricted stock units.