0001104659-23-001418.txt : 20230105 0001104659-23-001418.hdr.sgml : 20230105 20230105161322 ACCESSION NUMBER: 0001104659-23-001418 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230103 FILED AS OF DATE: 20230105 DATE AS OF CHANGE: 20230105 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FREEMAN DRUE CENTRAL INDEX KEY: 0001920565 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36216 FILM NUMBER: 23511436 MAIL ADDRESS: STREET 1: C/O IDEAL POWER INC. STREET 2: 5508 HIGHWAY 290 WEST, SUITE 120 CITY: AUSTIN STATE: TX ZIP: 78735 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Ideal Power Inc. CENTRAL INDEX KEY: 0001507957 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 141999058 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5508 HIGHWAY 290 WEST STREET 2: SUITE 120 CITY: AUSTIN STATE: TX ZIP: 78735 BUSINESS PHONE: 512-264-1542 MAIL ADDRESS: STREET 1: 5508 HIGHWAY 290 WEST STREET 2: SUITE 120 CITY: AUSTIN STATE: TX ZIP: 78735 FORMER COMPANY: FORMER CONFORMED NAME: Ideal Power Converters, Inc. DATE OF NAME CHANGE: 20101215 4 1 tm231637-1_4seq1.xml OWNERSHIP DOCUMENT X0306 4 2023-01-03 0 0001507957 Ideal Power Inc. IPWR 0001920565 FREEMAN DRUE 5508 HIGHWAY 290 WEST SUITE 120 AUSTIN TX 78735 1 0 0 0 Common Stock 2023-01-03 4 A 0 5510 0.00 A 5510 D Represents restricted stock units (RSUs) granted to the reporting person under the issuer's 2013 Equity Incentive Plan, as amended and restated to date. Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest in four equal installments on March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023, provided that the reporting person remains in continuous service with the issuer as of each vesting date. /s/ Timothy Burns, Attorney-in-Fact 2023-01-05