Timothy Burns - Jun 20, 2024 Form 4 Insider Report for Ideal Power Inc. (IPWR)

Role
CFO
Signature
/s/ Timothy Burns
Stock symbol
IPWR
Transactions as of
Jun 20, 2024
Transactions value $
$0
Form type
4
Date filed
6/21/2024, 04:03 PM
Previous filing
Dec 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPWR Common Stock Award $0 +40K +85.33% $0.00 86.9K Jun 20, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units (RSUs) granted to the reporting person under the issuer's 2013 Equity Incentive Plan, as amended and restated to date (the 2013 Plan). Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest in three equal annual installments on June 20, 2025, June 20, 2026 and June 20, 2027, provided that the reporting person remains employed by the issuer as of each vesting date.