Filing Details

Accession Number:
0001209191-10-039042
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-07-20 13:00:00
Reporting Period:
2010-07-16
Filing Date:
2010-07-20
Accepted Time:
2010-07-20 06:11:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1378140 Ocean Power Technologies Inc. OPTT Electric Services (4911) 222535818
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1287711 M Brian Posner C/O Ocean Power Technologies, Inc.
1590 Reed Road
Pennington NJ 08534
Chief Financial Officer No Yes 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 2010-07-16 2,000 $5.44 2,000 No 4 P Direct
Common Stock Acquisiton 2010-07-16 10,000 $0.00 12,000 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to buy) Acquisiton 2010-07-16 30,000 $0.00 30,000 $5.29
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
30,000 2020-07-15 No 4 A Direct
Footnotes
  1. Represents shares of common stock granted under the Company's 2006 Stock Incentive Plan, which will vest over three years based on performance.
  2. Exercisable in five equal annual installments beginning one year after the date of grant.