SEC Form 4 · accession 0001209191-18-016852
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
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 6:31 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 StockF1 | Mar 1, 2018 | F | 2,418 | $26.30 | D | 84,596 | D | |
| Common Stock | Mar 2, 2018 | M | 500 | $14.99 | A | 85,096 | D | |
| Common StockF2,F3 | Mar 2, 2018 | S | 500 | $27.02 | D | 84,596 | 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 | $14.99 | Mar 2, 2018 | M | 500 | D | Jan 2, 2011 | Jan 2, 2020 | Common Stock | 500 | 29,500 | 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 |
| Non-Qualified Stock Options | $30.50 | holding | — | — | — | Sep 1, 2017 | Sep 1, 2027 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1Shares traded back to the Company to cover tax liability for vested restricted stock award.
- F2The 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.
- F3The price reported on this transaction is an average price. Shares were sold in multiple transactions at prices ranging from $27.00 to $27.10. If requested, the reporting person will provide full details of the sale.