Robert Patrick Powers - 01 Feb 2024 Form 4 Insider Report for Ocean Power Technologies, Inc. (OPTT)

Reporting relationship: Senior VP and CFO
Issuer ticker: OPTT
Reported as of: 01 Feb 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Feb 2024, 16:05:25 UTC
Prior SEC filing: 24 Jan 2024
Next SEC filing: 04 Feb 2025
Source filing: View source filing
Reporting owner signature: /s/ Robert P. Powers

Key filing fact

Robert Patrick Powers filed Form 4 for Ocean Power Technologies, Inc. (OPTT) on 02 Feb 2024.

Key facts

This page summarizes Robert Patrick Powers's Form 4 filing for Ocean Power Technologies, Inc. (OPTT).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 02 Feb 2024, 16:05.

Change

Previous filing in this sequence was filed on 24 Jan 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OPTT transaction Derivative

Restricted Stock Unit

Award

Transaction value: $0
Shares: +162,039
Change %
Price: $0.000000
Shares after: 162,039
Date: 01 Feb 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 162,039
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.

Footnote F2

Restricted stock units granted by the Board of Directors of the Issuer as compensation for service as an officer of the Company. The restricted stock units will vest1/3 on the first anniversary of the date of grant, 1/3 on the second anniversary of the date of grant and 1/3 on the third anniversary of the date of grant.