Bero Kenneth Paul 4
4 · DATAWATCH CORP · Filed Feb 5, 2009
Insider Transaction Report
Form 4
DATAWATCH CORPDWCH
Bero Kenneth Paul
DirectorPresident and CEO
Transactions
- Award
Common Stock
2009-02-03+2,000→ 77,000 total - Award
Stock Option (Right to Buy)
2009-02-03+6,000→ 83,000 totalExercise: $1.60Exp: 2016-02-03→ Common Stock (6,000 underlying)
Footnotes (3)
- [F1]The securities awarded on February 3, 2009 are in the form of restricted stock units (RSUs) issued pursuant to the Datawatch Corporation 2006 Equity Compensation and Incentive Plan. 666 RSUs will vest on 2/3/2010 and an additional 666 RSUs will vest on 2/3/2011, with the final 668 RSUs vesting on 2/3/2012. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.
- [F2]Stock options issued pursuant to the Datawatch Corporation 2006 Equity Compensation and Incentive Plan.
- [F3]500 shares will vest quarterly from the date of grant (February 3, 2009) for 12 quarters. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.