Key facts
- This page summarizes Philipp Stratmann's Form 4 filing for Ocean Power Technologies, Inc. (OPTT).
- 8 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 21 Jan 2025, 16:09.
Philipp Stratmann - 16 Jan 2025 Form 4 Insider Report for Ocean Power Technologies, Inc. (OPTT)
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- OPTT
- Reported as of
- 16 Jan 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 21 Jan 2025, 16:09:30 UTC
- Prior SEC filing
- 04 Feb 2025
- Next SEC filing
- 14 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Philipp Stratmann
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Philipp Stratmann filed Form 4 for Ocean Power Technologies, Inc. (OPTT) on 21 Jan 2025.
Change
- Previous filing in this sequence was filed on 04 Feb 2025.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
OPTT
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +73,500
- Change %
- +43%
- Price
- Shares after
- 243,718
- Date
- 16 Jan 2025
- Ownership
- Direct
- Footnotes
- F1, F3
OPTT
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +194,118
- Change %
- +80%
- Price
- Shares after
- 437,836
- Date
- 16 Jan 2025
- Ownership
- Direct
- Footnotes
- F1, F4
OPTT
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +190,306
- Change %
- +43%
- Price
- Shares after
- 628,142
- Date
- 16 Jan 2025
- Ownership
- Direct
- Footnotes
- F1, F5
OPTT
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +169,691
- Change %
- +27%
- Price
- Shares after
- 797,833
- Date
- 16 Jan 2025
- Ownership
- Direct
- Footnotes
- F1, F6
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
- +1,688,907
- Change %
- Price
- $0.000000
- Shares after
- 1,688,907
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,688,907
- Exercise price
- Footnotes
- F1, F2
OPTT
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- +73,500
- Change %
- Price
- $0.000000
- Shares after
- 73,500
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 73,500
- Exercise price
- Footnotes
- F1, F3
OPTT
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- +194,118
- Change %
- Price
- $0.000000
- Shares after
- 194,118
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 194,118
- Exercise price
- Footnotes
- F1, F4
OPTT
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- +190,306
- Change %
- Price
- $0.000000
- Shares after
- 190,306
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 190,306
- Exercise price
- Footnotes
- F1, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 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 Issuer. The restricted stock units will vest in full on the date of the first annual shareholders meeting following the grant date or one year after the grant date, whichever is earlier.
Footnote F3
On January 14, 2022, the reporting person was granted 73,500 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 16, 2025.
Footnote F4
On January 19, 2023, the reporting person was granted 194,118 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 16, 2025.
Footnote F5
On February 1, 2024, the reporting person was granted 190,306 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 16, 2025.
Footnote F6
Shares acquired upon the time based vesting of restricted stock unit granted in January 2022, 2023 and 2024.