Home/Filings/4/0001181431-13-012079
4//SEC Filing

THORNTON JOHN M 4

Accession 0001181431-13-012079

CIK 0000807863other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 8:53 PM ET

Size

17.5 KB

Accession

0001181431-13-012079

Insider Transaction Report

Form 4
Period: 2013-02-20
THORNTON JOHN M
Director10% Owner
Transactions
  • Exercise/Conversion

    Common Stock

    2013-02-20$0.79/sh+25,000$19,750169,613 total
  • Exercise/Conversion

    Common Stock

    2013-02-20$0.79/sh+25,000$19,750147,307 total
  • Tax Payment

    Common Stock

    2013-02-20$4.18/sh4,725$19,751142,582 total
  • Exercise/Conversion

    Stock Option (right to buy)

    2013-02-2025,0000 total
    Exercise: $0.79Exp: 2013-02-24Common Stock (25,000 underlying)
  • Tax Payment

    Common Stock

    2013-02-20$4.18/sh13,569$56,718156,044 total
  • Exercise/Conversion

    Stock Option (right to buy)

    2013-02-2025,0000 total
    Exercise: $0.79Exp: 2013-02-24Common Stock (25,000 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    2,143,584
  • Common Stock

    (indirect: By Foundation)
    15,000
THORNTON SALLY B
Director10% Owner
Transactions
  • Exercise/Conversion

    Common Stock

    2013-02-20$0.79/sh+25,000$19,750169,613 total
  • Tax Payment

    Common Stock

    2013-02-20$4.18/sh4,725$19,751142,582 total
  • Exercise/Conversion

    Common Stock

    2013-02-20$0.79/sh+25,000$19,750147,307 total
  • Exercise/Conversion

    Stock Option (right to buy)

    2013-02-2025,0000 total
    Exercise: $0.79Exp: 2013-02-24Common Stock (25,000 underlying)
  • Tax Payment

    Common Stock

    2013-02-20$4.18/sh13,569$56,718156,044 total
  • Exercise/Conversion

    Stock Option (right to buy)

    2013-02-2025,0000 total
    Exercise: $0.79Exp: 2013-02-24Common Stock (25,000 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    2,143,584
  • Common Stock

    (indirect: By Foundation)
    15,000
Footnotes (9)
  • [F1]Represents the exercise of a non-qualified stock option, granted February 24, 2010, to purchase 25,000 shares of common stock under the cashless exercise method, resulting in the issuance of 11,431 shares of common stock to the reporting person and the cancellation of the remaining 13,569 shares in consideration of the issuance, after disposition of shares to pay withholding taxes.
  • [F2]Comprised of 94,613 shares of common stock and 75,000 restricted stock units, in each case held directly by John M. Thornton. John M. Thornton and Sally B. Thornton are husband and wife and Mrs. Thornton has beneficial ownership of these shares.
  • [F3]Comprised of 81,044 shares of common stock and 75,000 restricted stock units, in each case held directly by John M. Thornton. Mrs. Thornton has beneficial ownership of these shares.
  • [F4]Represents the exercise of a non-qualified stock option, granted February 24, 2010, to purchase 25,000 shares of common stock under the cashless exercise method, resulting in the issuance of 20,275 shares of common stock to the reporting person and the cancellation of the remaining 4,725 shares in consideration of the issuance.
  • [F5]Comprised of 72,307 shares of common stock and 75,000 restricted stock units, in each case held directly by Sally B. Thornton. Mr. Thornton has beneficial ownership of these shares.
  • [F6]Comprised of 67,582 shares of common stock and 75,000 restricted stock units, in each case held directly by Sally B. Thornton. Mr. Thornton has beneficial ownership of these shares.
  • [F7]Mr. and Mrs. Thornton are co-trustees.
  • [F8]Mr. and Mrs. Thornton beneficially own an aggregate of 2,457,210 shares of common stock as set forth in this Form 4.
  • [F9]Option fully vested on date of grant.

Issuer

MITEK SYSTEMS INC

CIK 0000807863

Entity typeother

Related Parties

1
  • filerCIK 0001048185

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 8:53 PM ET
Size
17.5 KB