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.

Content

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.