Incropera Daniel F 4
4 · DATAWATCH CORP · Filed Nov 22, 2010
Insider Transaction Report
Form 4
DATAWATCH CORPDWCH
Incropera Daniel F
Corporate Controller & VP
Transactions
- Award
Common Stock
2010-11-16+500→ 19,500 total - Award
Stock Option (Right to Buy)
2010-11-16+1,500→ 21,000 totalExercise: $2.79Exp: 2017-11-16→ Common Stock (1,500 underlying)
Footnotes (3)
- [F1]The securities awarded on November 16, 2010 are in the form of restricted stock units (RSUs) issued pursuant to the Datawatch Corporation 2006 Equity Compensation and Incentive Plan. 166 RSUs will vest on 11/16/2011 and an additional 166 RSUs will vest on 11/16/2012, with the final 168 RSUs vesting on 11/16/2013. 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]125 shares will vest quarterly from the date of grant (November 16, 2010) for 12 quarters. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.