Current Report Filing (8-k)
September 13 2018 - 4:02PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
8-K
Current
Report Pursuant to Section 13 or 15(d) of
the Securities Act of 1934
Date
of Report (Date of earliest event reported):
September 10, 2018
Ocean
Power Technologies, Inc.
(Exact
name of registrant as specified in its charter)
Delaware
|
|
001-33417
|
|
22-2535818
|
(State
or other jurisdiction
|
|
(Commission
|
|
(I.R.S.
Employer
|
of
incorporation)
|
|
File
Number)
|
|
Identification
No.)
|
28
Engelhard Drive
Monroe Township, New Jersey
|
|
08831
|
(Address
of principal executive offices)
|
|
(Zip
Code)
|
(609)
730-0400
(Registrant’s
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2. below):
|
[ ]
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
|
|
|
[ ]
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
|
|
|
[ ]
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14-2(b))
|
|
|
|
|
[ ]
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CRF 240.133-4(c))
|
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging
growth company [ ]
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.[ ]
Item
5.02
|
Departure
of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
|
On September 10, 2018, the Board of Directors
of Ocean Power Technologies, Inc. (the “Board”) elected Ms. Kristine S. Moore to the Company’s Board of Directors, effective immediately.
The Board of Directors also appointed Ms. Moore to serve as Chairman of the Health, Safety and Environment Committee. The Board
has determined that Ms. Moore is an independent director under applicable NASDAQ rules.
From December 2015
through April 2018, Ms. Moore served as non-executive director at Achilles Ltd., a global private-equity held company based
in London. Prior to Achilles, Ltd. from 2001 to 2015, Ms. Moore was with Royal Dutch Shell (“Shell”), an
international energy company. During this time, Ms. Moore held various positions at Shell; during 2015 Ms. Moore was Vice
President of Contracting and Procurement; from 2011 to 2014, Vice President of Contracting and Procurement Operations and
Group Materials Management; from 2001 to 2007, Vice President of Global Functions Sourcing; and from 2001 to 2007, Ms. Moore
held various managerial positions. Prior to Shell, Ms. Moore from 2000 to 2001 served as Vice President of Marketing and
Sales for Quaris, Inc. Ms. Moore began her career at International Business Machines where she held various positions. Ms.
Moore is a graduate of Rice University with a Bachelor of Science in Civil Engineering.
There are no arrangements or understandings
between Ms. Moore and any other person pursuant to which she was selected as a director, and there are no transactions in which
Ms. Moore has an interest requiring disclosure under Item 404(a) of Regulation S-K.
A copy of the press release issued by the Company announcing Ms. Moore’s election is attached hereto as Exhibit
99.1.
Item
9.01
|
Financial
Statements and Exhibits
|
Exhibits
* 99.1 Press release dated September 11, 2018 announcing Kristine S. Moore’s appointment to the Board of Directors.
*Furnished
herewith.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Date:
September 13, 2018
|
|
|
OCEAN
POWER TECHNOLOGIES, INC.
|
|
|
|
/s/
George H. Kirby III
|
|
George
H. Kirby III
|
|
President
and Chief Executive Officer
|
Ocean Power Technologies (NASDAQ:OPTT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ocean Power Technologies (NASDAQ:OPTT)
Historical Stock Chart
From Apr 2023 to Apr 2024