Laban E. Lesster - Oct 8, 2021 Form 4 Insider Report for Ideal Power Inc. (IPWR)

Role
Director
Signature
/s/ Laban E. Lesster
Stock symbol
IPWR
Transactions as of
Oct 8, 2021
Transactions value $
-$117,851
Form type
4
Date filed
10/13/2021, 05:39 PM
Next filing
Nov 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPWR Common Stock Options Exercise $7.87K +3.29K $2.39* 3.29K Oct 8, 2021 Direct F1
transaction IPWR Common Stock Sale -$46.9K -3.29K -100% $14.24 0 Oct 8, 2021 Direct F1, F2
transaction IPWR Common Stock Options Exercise $8.2K +3.43K $2.39* 3.43K Oct 11, 2021 Direct F1
transaction IPWR Common Stock Sale -$48.7K -3.43K -100% $14.21 0 Oct 11, 2021 Direct F1, F3
transaction IPWR Common Stock Options Exercise $5.74K +2.4K $2.39* 2.4K Oct 12, 2021 Direct F1
transaction IPWR Common Stock Sale -$33.7K -2.4K -100% $14.06 0 Oct 12, 2021 Direct F1, F4
transaction IPWR Common Stock Options Exercise $2.1K +879 $2.39* 879 Oct 13, 2021 Direct F1
transaction IPWR Common Stock Sale -$12.4K -879 -100% $14.11 0 Oct 13, 2021 Direct F1, F5

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 IPWR Option to Purchase Stock Options Exercise $0 -3.29K -18.7% $0.00 14.3K Oct 8, 2021 Common Stock 3.29K $2.39 Direct F6
transaction IPWR Option to Purchase Stock Options Exercise $0 -3.43K -24.13% $0.00 10.8K Oct 11, 2021 Common Stock 3.43K $2.39 Direct F6
transaction IPWR Option to Purchase Stock Options Exercise $0 -2.4K -22.07% $0.00 8.48K Oct 12, 2021 Common Stock 2.4K $2.39 Direct F6
transaction IPWR Option to Purchase Stock Options Exercise $0 -879 -10.37% $0.00 7.6K Oct 13, 2021 Common Stock 879 $2.39 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.71, inclusive. The reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2 through 5.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.61, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.20, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.01 to $14.19, inclusive.
F6 The option vested in four equal installments on March 31, 2020, June 30, 2020, September 30, 2020 and December 31, 2020.