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4//SEC Filing

Wells Donna 4

Accession 0000807863-20-000105

CIK 0000807863other

Filed

Nov 16, 7:00 PM ET

Accepted

Nov 17, 8:16 PM ET

Size

5.4 KB

Accession

0000807863-20-000105

Insider Transaction Report

Form 4
Period: 2020-11-16
Wells Donna
Director
Transactions
  • Award

    Common Stock

    2020-11-16+2,83623,363 total
Footnotes (1)
  • [F1]Represents restricted stock units granted on November 16, 2020. Shares subject to the award vest on March 3, 2021. Currently, the Company provides its outside directors with $125,000 in annual equity compensation which generally is granted in November of each year. This year, in order to better align each Director's equity compensation with their annual term of service, the Company will make a pro-rata equity grant of $37,000, which is intended to compensate each director for the period beginning November 16, 2020 and ending March 3, 2021 (the anticipated date of our annual stockholder meeting date). Following the annual stockholder meeting, the Company will then resume it's normal equity granting practice, with the vesting term to commence upon election to the board at such meeting and ending upon the next year's annual meeting date.

Issuer

MITEK SYSTEMS INC

CIK 0000807863

Entity typeother

Related Parties

1
  • filerCIK 0001613921

Filing Metadata

Form type
4
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 8:16 PM ET
Size
5.4 KB