Marsal Karel J. 4
4 · MITEK SYSTEMS INC · Filed Nov 17, 2017
Insider Transaction Report
Form 4
Marsal Karel J.
Chief Operating Officer
Transactions
- Sale
Common Stock
2017-11-17$8.56/sh−9,674$82,809→ 110,868 total - Award
Stock Option (Right to Buy)
2017-11-15+32,861→ 32,861 totalExercise: $8.60Exp: 2027-11-15→ Common Stock (32,861 underlying) - Award
Common Stock
2017-11-15+17,442→ 120,542 total
Footnotes (3)
- [F1]Represents restricted stock units granted on November 15, 2017. Shares subject to the award vest over four years from the date of grant, with 25% of the shares subject to the award vesting on the first anniversary of the date of grant and the remaining shares vesting in three equal annual installments thereafter.
- [F2]Represents the disposition of shares that were automatically sold by Mitek Systems, Inc. to pay withholding taxes upon the vesting of 25,000 restricted stock units.
- [F3]Represents an incentive stock option granted on November 15, 2017. Shares subject to the award vest over four years from the date of grant, with 25% of the shares subject to the award vesting on the first anniversary of the date of grant and the remaining shares vesting in thirty-six equal monthly installments thereafter.