Gross Harvey 4
4 · DATAWATCH CORP · Filed Jan 26, 2012
Insider Transaction Report
Form 4
DATAWATCH CORPDWCH
Gross Harvey
VP, Product Mgmt & Development
Transactions
- Award
Common Stock
2012-01-24+12,500→ 36,500 total
Holdings
- 1,500(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]The securities awarded on January 24, 2012 are in the form of restricted stock units (RSUs) issued pursuant to the Datawatch Corporation 2011 Equity Compensation and Incentive Plan. 4,166 RSUs will vest on each of 1/24/2013 and 1/24/2014, with the balance vesting on 1/24/2015, subject to the further vesting condition that the price at which the Common Stock of Datawatch Corporation trades on a national stock exchange must exceed $10.00 per share for twenty consecutive days on or prior to January 24, 2016. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.
- [F2]These shares are owned by Fidelity, Trustee f/b/o Deborah Gross, Mr. Gross's wife. Mr. Gross is a beneficiary of this account.