William T. Mannina - May 31, 2022 Form 4 Insider Report for Energous Corp (WATT)

Role
Acting CFO (Interim)
Signature
/s/ Bill Mannina
Stock symbol
WATT
Transactions as of
May 31, 2022
Transactions value $
$0
Form type
4
Date filed
6/14/2022, 09:25 PM
Previous filing
May 17, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WATT Common Stock Award $0 +90K +70.51% $0.00 218K May 31, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units ("RSUs") vest as to 1/2 of the the total award on June 1, 2023, and an additional 1/8 of the award will vest upon the completion of each three month period thereafter until the RSUs are fully vested on June 1, 2024, subject the Reporting Person's continued service to the Issuer through each vesting date.
F2 Each RSU represents a contingent right to receive 1 share of the Issuer's common stock upon settlement.