4//SEC Filing
Tacelli Ken 4
Accession 0001144204-17-062440
CIK 0000792130other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 5:26 PM ET
Size
9.3 KB
Accession
0001144204-17-062440
Insider Transaction Report
Form 4
DATAWATCH CORPDWCH
Tacelli Ken
See Remarks
Transactions
- Award
Common Stock
2017-12-01+40,000→ 160,000 total - Award
Common Stock
2017-12-01+10,000→ 175,000 total - Award
Common Stock
2017-12-01+5,000→ 165,000 total
Footnotes (3)
- [F1]The securities awarded on 12/1/2017 are in the form of restricted stock units (RSUs) issued pursuant to the Datawatch Third Amended and Restated 2011 Equity Compensation and Incentive Plan (the "Plan"). 13,333 RSUs will vest on 5/1/2019 and an additional 13,333 RSUs will vest on 5/1/2020, with the final 13,334 RSUs vesting on 5/1/2021. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.
- [F2]The securities awarded on 12/1/2017 are in the form of RSUs issued pursuant to the Plan. 1,666 RSUs will vest on 11/15/2018 following Datawatch's release of its fiscal 2018 earnings only if Datawatch achieves its revenue target for fiscal year 2018 as determined by the Board of Directors of Datawatch. If Datawatch achieves its annual revenue target during fiscal 2018, then (i) an additional 1,666 RSUs will vest on 11/15/2019 and (ii) the final 1,667 RSUs will vest on 11/15/2020. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.
- [F3]The securities awarded on 12/1/2017 are in the form of RSUs issued pursuant to the Plan. 3,333 RSUs will vest on 11/15/2018 if Datawatch achieves its revenue target for the six months ended 3/31/2018 as determined by the Board of Directors of Datawatch (the "1H Revenue Target"). If Datawatch achieves its 1H Revenue Target, then (i) an additional 3,333 RSUs will vest on 11/15/2019 and (ii) the final 3,334 RSUs will vest on 11/15/2020. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.
Documents
Issuer
DATAWATCH CORP
CIK 0000792130
Entity typeother
Related Parties
1- filerCIK 0001680155
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 5:26 PM ET
- Size
- 9.3 KB