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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 4/2/20 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1507957 |
| Issuer Name: Ideal Power Inc. |
| Issuer Trading Symbol: IPWR |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 941593 |
| | Owner Name: BELL LON E |
| Reporting Owner Address: |
| | Owner Street 1: 4120 FREIDRICH LANE |
| | Owner Street 2: SUITE 100 |
| | Owner City: AUSTIN |
| | Owner State: TX |
| | Owner ZIP Code: 78744 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: President and CEO |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/2/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: P |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,181 |
| | | Transaction Price Per Share: |
| Value: 1.89 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 24,182 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 213,364 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: See Footnote |
| Footnote ID: F1 |
Footnotes: |
| Footnote - F1: The shares of common stock are owned by The Bell Family Life Insurance No 1 Trust dated 2/2/95 as amended (the "Bell Trust"). The reporting person is the trustee and a beneficiary of the Bell Trust and has voting and investment control over the securities. |
Owner Signature: |
| Signature Name: /s/ Lon E. Bell |
| Signature Date: 4/6/20 |