Home > Insider Trading > Filing (0001415889-13-002495)

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
941593	E Lon Bell	5004 Bee Creek Road Suite 600 Spicewood TX 78669		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	58,192	$3.48	66,525	No	4	J	Indirect	See footnote
Common Stock	Acquisiton	2013-11-27	20,000	$5.00	86,525	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	See footnote
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	$100,000.00	29,129	$3.48
Common Stock	Convertible Promissory Note	Disposition	2013-11-27	1	$100,000.00	29,063	$3.48

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
72,213	2013-11-27		No	4	C	Indirect
43,150	2013-11-27		No	4	C	Indirect

Footnotes

The shares of common stock were acquired upon the conversion of senior secured convertible promissory notes, each in the principal amount of $100,000, issued on August 31, 2012 and November 21, 2012 to the Bell Family Trust dated February 2, 1995.
The securities are owned by the Bell Family Trust dated February 2, 1995. The reporting person is the trustee and a beneficiary of the Bell Family Trust and has voting and investment control over the Securities.
The senior secured convertible promissory notes were required to be converted into shares of the Company's common stock if, prior to the maturity date (January 6, 2014), the Company raised at least $10 million in an initial public offering of its common stock. The Company completed its initial public offering on November 27, 2013 and raised gross proceeds in excess of $10 million. Upon the completion of the Company's initial public offering the senior secured convertible promissory notes, including all accrued interest, were paid with shares of the Company's common stock at the price of $3.48 per share.
The reporting person continues to hold two warrants, one warrant for the purchase of 28,767 shares of the Company's common stock and a second warrant for the purchase of 14,383 shares of the Company's common stock.