SEC Form 4 · accession 0001209191-18-027696
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
May 1, 2018
Accepted (ET)
May 3, 2018 · 5:05 pm EDT
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 | May 1, 2018 | M | 14,500 | $14.99 | A | 99,096 | D | |
| Common StockF1,F2 | May 1, 2018 | S | 14,500 | $27.95 | 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 | May 1, 2018 | M | 14,500 | D | Jan 2, 2011 | Jan 2, 2020 | Common Stock | 14,500 | 15,000 | 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 |
| Non-Qualified Stock Options | $30.50 | holding | — | — | — | Sep 1, 2017 | Sep 1, 2027 | Common Stock | 200,000 | 200,000 | 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 $27.40 to $28.70. If requested, the reporting person will provide full details of the sale.