Bero Kenneth Paul 4
4 · DATAWATCH CORP · Filed Nov 19, 2009
Insider Transaction Report
Form 4
DATAWATCH CORPDWCH
Bero Kenneth Paul
DirectorPresident and CEO
Transactions
- Award
Stock Option (Right to Buy)
2009-11-17+6,500→ 91,500 totalExercise: $2.35Exp: 2016-11-17→ Common Stock (6,500 underlying) - Award
Common Stock
2009-11-17+2,000→ 85,000 total
Footnotes (3)
- [F1]The securities awarded on November 17, 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 11/17/2010 and an additional 666 RSUs will vest on 11/17/2011, with the final 668 RSUs vesting on 11/17/2012. 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]541 shares will vest quarterly from the date of grant (November 17, 2009) for 11 quarters with 549 shares vesting on the final quarter. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.