Filing Details

Accession Number:
0001209191-22-046088
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-08-16 19:03:10
Reporting Period:
2022-08-15
Accepted Time:
2022-08-16 19:03:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1575793 Energous Corp WATT Radio & Tv Broadcasting & Communications Equipment (3663) 461318953
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1785783 G. Rahul Patel C/O Energous Corporation
3590 North First Street, Suite 210
San Jose CA 95134
Yes 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 2022-08-15 14,021 $0.00 57,751 No 4 M Direct
Common Stock Disposition 2022-08-16 7,571 $1.49 50,180 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
14021 Restricted Stock Units Disposition 2022-08-15 14,021 $0.00 14,021 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Footnotes
  1. On May 20, 2022, the Reporting Person filed Form 5 to report the vesting of 14,021 restricted stock units on August 15, 2021 (the "August 2021 RSUs"). The holdings reported in Table I, Column 5 of Forms 4 filed on January 5, 2022 and February 17, 2022 do not reflect the vesting and settlement of the August 2021 RSUs.
  2. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.49 to $1.50 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  4. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon vesting.
  5. The RSUs vested as to 1/3 of the underlying shares on each of August 15, 2020, August 15, 2021 and August 15, 2022. The RSUs were granted to the reporting person pursuant to the Company's Non-employee Director Compensation Policy.
  6. RSUs do not expire; they either vest or are canceled prior to the vesting date.