DATAWATCH CORP 4
4 · DATAWATCH CORP · Filed Apr 20, 2016
Insider Transaction Report
Form 4
DATAWATCH CORPDWCH
MCARDLE JOAN C
Director
Transactions
- Award
Common Stock
2016-04-19+2,500→ 13,000 total
Holdings
- 185,000(indirect: By employer)
Warrant for Common Stock
Exercise: $11.54From: 2012-03-30Exp: 2019-02-28→ Common Stock (185,000 underlying)
Footnotes (2)
- [F1]The securities awarded on 4/19/2016 are in the form of restricted stock units (RSUs) issued pursuant to the Datawatch Second Amended and Restated 2011 Equity Compensation and Incentive Plan. 833 RSUs will vest on 5/1/2017 and an additional 833 RSUs will vest on 5/1/2018, with the final 834 RSUs vesting on 5/1/2019. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.
- [F2]These warrants are held by Massachusetts Capital Resource Company. The reporting person serves as a senior vice president of Massachusetts Capital Resource Company, and may be deemed to have shared voting and/or investment power over these securities. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.