STRATMANN PHILIPP (President and CEO) exercised options at OCEAN POWER TECHNOLOGIES, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

STRATMANN PHILIPP

Filed: 1/21/2025ACC: 0001493152-25-003034

InsiderSTRATMANN PHILIPPCIK 1869065

→

IssuerOCEAN POWER TECHNOLOGIES, INC.CIK 1378140

Officer· President and CEO

Since Jun 2021

+2.77M

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

2.77M acquired

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+73.50K

Price / share

—

Trade value

—

% of position

43.2%

1/16/2025

170.22K→243.72K

Common Stock

Direct

M · Option Exercise

+194.12K

Price / share

—

Trade value

—

% of position

79.6%

1/16/2025

243.72K→437.84K

Common Stock

Direct

M · Option Exercise

+190.31K

Price / share

—

Trade value

—

% of position

43.5%

1/16/2025

437.84K→628.14K

Common Stock

Direct

M · Option Exercise

+169.69K

Price / share

—

Trade value

—

% of position

27.0%

1/16/2025

628.14K→797.83K

Total

Net shares

+627.62K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/16/2025	M · Option Exercise	+73.50K	—	—	43.2%	170.22K	243.72K
Common Stock Direct	1/16/2025	M · Option Exercise	+194.12K	—	—	79.6%	243.72K	437.84K
Common Stock Direct	1/16/2025	M · Option Exercise	+190.31K	—	—	43.5%	437.84K	628.14K
Common Stock Direct	1/16/2025	M · Option Exercise	+169.69K	—	—	27.0%	628.14K	797.83K
Total			+627.62K		$0.00

Derivative Transactions4

Restricted Stock Unit

Direct

A · Award

Converts to

Common Stock

1.69M shares

+1.69M

Strike price

Held after

1.69M

Exercisable

—

1/16/2025

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

73.50K shares

+73.50K

Strike price

Held after

73.50K

Exercisable

—

1/16/2025

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

194.12K shares

+194.12K

Strike price

Held after

194.12K

Exercisable

—

1/16/2025

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

190.31K shares

+190.31K

Strike price

Held after

190.31K

Exercisable

—

1/16/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Unit Direct	Common Stock1.69M shares	1/16/2025	A · Award	+1.69M	—	1.69M
Restricted Stock Unit Direct	Common Stock73.50K shares	1/16/2025	M · Option Exercise	+73.50K	—	73.50K
Restricted Stock Unit Direct	Common Stock194.12K shares	1/16/2025	M · Option Exercise	+194.12K	—	194.12K
Restricted Stock Unit Direct	Common Stock190.31K shares	1/16/2025	M · Option Exercise	+190.31K	—	190.31K