Rahul G. Patel - 31 Dec 2021 Form 5 Insider Report for Energous Corp (WATT)

Role
Director
Signature
/s/ Bill Mannina, Attorney-in-Fact
Issuer symbol
WATT
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
5
Filing time
20 May 2022, 21:25:55 UTC
Previous filing
17 Aug 2021
Next filing
17 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WATT Common Stock Options Exercise $0 +14,021 +79% $0.000000 31,730 15 Aug 2021 Direct F1, F2, F3

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 WATT Restricted stock units Options Exercise $0 -14,021 -50% $0.000000 14,021 15 Aug 2021 Common Stock 14,021 $0.000000 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive 1 share of the Issuer's common stock upon settlement.
F2 Includes 25,000 shares subject to unvested restricted stock units ("RSUs").
F3 The total number of shares reported in Table I, Column 5 of Form 4 filed on each of January 5, 2022 and February 17, 2022 was understated by 14,021 shares.
F4 The RSUs vest as to 1/3 of the total shares annually on the first three anniversaries of August 15, 2019.
F5 RSUs do not expire; they either vest or are canceled prior to the vesting date.