Timothy Burns - May 15, 2023 Form 4 Insider Report for Ideal Power Inc. (IPWR)

Role: Chief Financial Officer
Signature: /s/ Timothy Burns
Stock symbol: IPWR
Transactions as of: May 15, 2023
Transactions value $: $23,100
Form type: 4
Date filed: 5/17/2023, 08:34 AM
Previous filing: Dec 19, 2022
Next filing: Dec 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IPWR	Common Stock	Purchase	$23.1K	+2.5K	+4.88%	$9.24	53.8K	May 15, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.1777 to $9.3000, 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 purchased at each separate price within the ranges set forth in this footnote.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.1777 to $9.3000, 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 purchased at each separate price within the ranges set forth in this footnote.