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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1507957	Ideal Power Inc.	IPWR	Electrical Industrial Apparatus (3620)	141999058

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1584484	Paul Bundschuh	5004 Bee Creek Road Suite 600 Spicewood TX 78669	Chief Executive Officer	No	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2013-11-27	2,854	$5.00	47,634	No	4	J	Direct
Common Stock	Acquisiton	2013-11-27	3,000	$5.00	50,634	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Direct
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Convertible Promissory Note	Disposition	2013-11-27	1	$13,000.00	2,854	$5.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
133,122	2013-11-27		No	4	C	Direct

Footnotes

The shares of common stock were acquired upon the conversion of a convertible promissory note in the principal amount of $13,000 issued to the reporting person on April 12, 2012.
The convertible promissory note was required to be paid on the earlier of (i) the completion of the Company's initial public offering and (ii) December 31, 2013. Upon the completion of the Company's initial public offering, which occurred on November 27, 2013, the convertible promissory note, including all accrued interest, was paid with shares of the Company's common stock at the public offering price.
The reporting person continues to hold six options and one warrant for the purchase of shares of the Company's common stock.