SEC Form 4 · accession 0001209191-17-000368
Digimarc CORP · DMRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce L Davis
Officer — Chairman and CEO
Period of report
Jan 3, 2017
Accepted (ET)
Jan 3, 2017 · 5:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001438231
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 3, 2017 | M | 5,000 | $9.64 | A | 73,082 | D | |
| Common StockF1,F2 | Jan 3, 2017 | S | 5,000 | $29.87 | D | 68,082 | D | |
| Series A Redeemable Nonvoting Preferred Stock | holding | — | — | — | 5,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option | $9.64 | Jan 3, 2017 | M | 5,000 | D | Oct 30, 2010 | Oct 30, 2018 | Common Stock | 5,000 | 25,000 | D |
| Non-Qualified Stock Option | $14.99 | holding | — | — | — | Jan 2, 2011 | Jan 2, 2020 | Common Stock | 70,000 | 70,000 | D |
| Non-Qualified Stock Option | $30.01 | holding | — | — | — | Jan 2, 2012 | Jan 2, 2021 | Common Stock | 75,000 | 75,000 | D |
| Non-Qualified Stock Option | $27.61 | holding | — | — | — | Dec 4, 2011 | Nov 4, 2021 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2013 and amended on December 22, 2016.
- F2The price reported on this transaction is an average price. Shares were sold in multiple transactions at prices ranging from $29.50 to $30.10. If requested, the reporting person will provide full details of the sale.