SEC Form 4 · accession 0001144204-16-078880
DATAWATCH CORP · DWCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randy Seidl
Director
Period of report
Dec 9, 2015
Accepted (ET)
Feb 3, 2016 · 8:01 pm 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 | Dec 9, 2015 | A | 2,500 | $0.00 | A | 34,500 | D | |
| Common StockF2 | Feb 1, 2016 | P | 15,000 | $4.11 | A | 49,500 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities awarded on 12/9/2015 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 12/3/2016 and an additional 833 RSUs will vest at 12/3/2017, with the final 834 RSUs vesting on 12/3/2018. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event.
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.05 to $4.26. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within this range.