Tacelli Ken 4
4 · DATAWATCH CORP · Filed Jul 17, 2018
Insider Transaction Report
Form 4
DATAWATCH CORPDWCH
Tacelli Ken
See Remarks
Transactions
- Award
Common Stock
2018-07-13−10,000→ 171,684 total
Footnotes (1)
- [F1]The securities awarded on 7/13/2018 are in the form of restricted stock units ("RSUs") issued pursuant to Datawatch Third Amended and Restated 2011 Equity Compensation and Incentive Plan (the "Plan"). 3,333 RSUs will vest upon the issuer, including Angoss, its wholly-owned Canadian subsidiary, achieving its annual booking target for the twelve month period ending September 30, 2018 (the "2018 Bookings Target"). If the issuer achieves its 2018 Bookings Target, 3,333 RSUs and 3,334 RSUs will vest on the first and second anniversaries of May 1, 2019, respectively, provided that Mr. Tacelli remains employed by the issuer on these dates. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.