Form 4 for WATT Energous Corp
Accepted 2022-08-16 00:00:00 ET · period of report 2022-08-15 · accession 0001209191-22-046088 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-08-16 | 2022-08-16 | WATT | Patel Rahul G. | Dir | S - Sale+OE | $1.49 | -7,571 | 50.2K | -13% | -$11.3K |
| D | 2022-08-16 | 2022-08-15 | WATT | Patel Rahul G. | Dir | M - OptEx | $0.00 | +14.0K | 57.8K | +32% | $0 |
| D | 2022-08-16 | 2022-08-15 | WATT | Patel Rahul G. | Dir | M - OptEx | $0.00 | -14.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-08-16 | S | D | 7,571 | $1.49 | 50,180 | D | — | — | (F3) 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. |
| 2 | Common | Common Stock | 2022-08-15 | M | A | 14,021 | $0.00 | 57,751 | D | — | — | (F1) 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. |
| 3 | Derivative | Restricted Stock Units | 2022-08-15 | M | D | 14,021 | $0.00 | 0 | D | $0.00 · — to — | 14,021 14021 | (F4) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F5) 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. (F6) RSUs do not expire; they either vest or are canceled prior to the vesting date. |