SEC Form 4 · accession 0001144204-15-024418
DATAWATCH CORP · DWCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Michael Anthony Morrison
Officer — President and CEO · Director
Period of report
Apr 20, 2015
Accepted (ET)
Apr 22, 2015 · 7:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000792130
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 20, 2015 | A | 2,500 | $0.00 | A | 206,020 | D | |
| Common StockF2 | holding | — | — | — | 88 | I | By Daughter | |
| Common StockF2 | holding | — | — | — | 60 | I | By Daughter | |
| Common StockF2 | holding | — | — | — | 44 | I | By Son | |
| Common StockF3 | holding | — | — | — | 119,463 | I | Trustee | |
| Common StockF4 | holding | — | — | — | 15,297 | I | Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities awarded on 4/20/2015 are in the form of restricted stock units (RSUs) issued pursuant to the Datawatch Second Amended and Restated 2011 Equity Compensation and Incentive Plan. 833 RSUs will vest on 5/1/2016 and an additional 833 RSUs will vest at 5/1/2017, with the final 834 RSUs vesting on 5/1/2018. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.
- F2The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F3These shares are owned by Merrill Lynch, Trustee f/b/o Michael Morrison Roth IRA.
- F4These shares are owned by Mr. Morrison's wife as custodian for five UTMA accounts. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.