SEC Form 4 · accession 0001144204-15-064500
DATAWATCH CORP · DWCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Eliason
Officer — Chief Financial Officer
Period of report
Nov 10, 2015
Accepted (ET)
Nov 12, 2015 · 11:09 am EST
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,F2 | Nov 10, 2015 | A | 60,000 | $0.00 | A | 140,995 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities awarded on 11/10/2015 are in the form of restricted stock units (RSUs) issued pursuant to the issuer's Second Amended and Restated 2011 Equity Compensation and Incentive Plan. 20,000 RSUs will vest on 11/15/2016 and an additional 20,000 RSUs will vest at 11/15/2017, with the final 20,000 RSUs vesting on 11/15/2018. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.
- F2This amount no longer includes the 10,000 performance-based RSUs awarded to Mr. Eliason on 11/20/14 which did not vest.