SEC Form 4 · accession 0001209191-18-049191
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
Sep 1, 2018
Accepted (ET)
Sep 4, 2018 · 4:25 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 StockF1 | Sep 1, 2018 | F | 2,423 | $29.55 | D | 69,817 | 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 OptionsF2 | $29.55 | Sep 1, 2018 | A | 100,000 | A | Dec 1, 2018 | Sep 1, 2028 | Common Stock | 100,000 | 100,000 | D |
| Non-Qualified Stock Options | $30.50 | holding | — | — | — | Dec 1, 2017 | Sep 1, 2027 | Common Stock | 200,000 | 200,000 | D |
| Non-Qualified Stock Option | $27.61 | holding | — | — | — | Dec 4, 2011 | Nov 4, 2021 | Common Stock | 100,000 | 100,000 | D |
| Non-Qualified Stock Option | $30.01 | holding | — | — | — | Jan 2, 2012 | Jan 2, 2021 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1Shares traded back to the Company to cover tax liability for vested restricted stock award.
- F2Shares will vest in equal quarterly installments on the quarterly anniversary date over 36 months. All shares will be fully vested and exercisable by the end of the 3 year period from date of grant.