4//SEC Filing
Morrison Michael Anthony 4
Accession 0001144204-18-008031
CIK 0000792130other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 5:16 PM ET
Size
17.0 KB
Accession
0001144204-18-008031
Insider Transaction Report
Form 4
DATAWATCH CORPDWCH
Morrison Michael Anthony
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2018-02-09$3.46/sh+100,000$346,000→ 332,189 total - Tax Payment
Common Stock
2018-02-12$10.20/sh−927$9,455→ 331,262 total - Sale
Common Stock
2018-02-12$10.16/sh−21,631$219,771→ 309,631 total - Sale
Common Stock
2018-02-13$10.03/sh−14,056$140,982→ 295,575 total - Exercise/Conversion
Stock Option (Right to Buy)
2018-02-09−100,000→ 0 totalExercise: $3.46Exp: 2018-02-10→ Common Stock (100,000 underlying) - Tax Payment
Common Stock
2018-02-09$10.43/sh−3,386$35,316→ 232,189 total
Holdings
- 119,463(indirect: By Trust)
Common Stock
- 5,985(indirect: By Spouse)
Common Stock
Footnotes (9)
- [F1]The purpose of this sale is to pay for tax liabilities incurred by Mr. Morrison upon the vesting of certain restricted stock units.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.40 to $10.45. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- [F3]The purpose of this sale was to cover the cost of: (i) the aggregate exercise price payable by the reporting person and (ii) income taxes liabilities of the reporting person upon the exercise of stock options reported in this Form 4 in a row dated 2/9/2018.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.15 to $10.20. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.05. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- [F6]These shares are owned by Merrill Lynch, Trustee f/b/o Michael Morrison Roth IRA.
- [F7]These shares are owned by Mr. Morrison's wife as custodian for two UTMA accounts. 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 the securities for purposes of Section 16 or for any other purpose.
- [F8]This amount includes 192 shares owned by Mr. Morrison's children held in UTMA accounts which were previously reported as separate holdings.
- [F9]The stock option, representing a right to purchase a total of 100,000 shares of Common Stock of the Issuer, became fully exercisable on February 11, 2014.
Documents
Issuer
DATAWATCH CORP
CIK 0000792130
Entity typeother
Related Parties
1- filerCIK 0001296592
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 5:16 PM ET
- Size
- 17.0 KB