Cesar Johnston - 02 Jul 2021 Form 4 Insider Report for Energous Corp (WATT)

Role: COO & EVP, Engineering
Signature: /s/ Bill Mannina, Attorney-in-Fact
Issuer symbol: WATT
Transactions as of: 02 Jul 2021
Net transactions value: -$60,372
Form type: 4
Filing time: 30 Jul 2021, 20:19:44 UTC
Previous filing: 24 Jun 2021
Next filing: 17 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WATT	Common Stock	Award	$0	+51,297	+12%	$0.000000	477,545	02 Jul 2021	Direct
transaction	WATT	Common Stock	Sale	$60,372	-25,690	-5.4%	$2.35^*	451,855	23 Jul 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2	Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the acquisition of stock reported on this Form 4 pursuant to the satisfaction of performance criteria. This sale is mandated by the Issuer's election under its equity incentive plans to require 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.

Content

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the acquisition of stock reported on this Form 4 pursuant to the satisfaction of performance criteria. This sale is mandated by the Issuer's election under its equity incentive plans to require 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.