SEC Form 4 · accession 0001144204-16-086439
DATAWATCH CORP · DWCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terry W Potter
Director
Period of report
Mar 3, 2016
Accepted (ET)
Mar 7, 2016 · 6:04 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 Stock | Mar 3, 2016 | M | 1,140 | $3.61 | A | 49,902 | D | |
| Common StockF2 | Mar 3, 2016 | S | 820 | $5.02 | D | 49,082 | D | |
| Common Stock | Mar 4, 2016 | M | 2,309 | $3.61 | A | 51,391 | D | |
| Common StockF3 | Mar 4, 2016 | S | 1,700 | $4.90 | D | 49,691 | D | |
| Common Stock | Mar 7, 2016 | M | 1,551 | $3.61 | A | 51,242 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4,F5 | $3.61 | Mar 3, 2016 | M | 1,140 | D | — | Mar 10, 2016 | Common Stock | 1,140 | 3,860 | D |
| Stock Option (Right to Buy)F4,F5 | $3.61 | Mar 4, 2016 | M | 2,309 | D | — | Mar 10, 2016 | Common Stock | 2,309 | 1,551 | D |
| Stock Option (Right to Buy)F4,F5 | $3.61 | Mar 7, 2016 | M | 1,551 | D | — | Mar 10, 2016 | Common Stock | 1,551 | 0 | D |
Explanation of responses
- F1The purpose of this sale was to cover the cost of the aggregate exercise price payable by Mr. Potter upon the exercise of stock options reported in the row immediately above for the same date.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.08. 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 sold at each separate price within this range.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.90 to $4.91. 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 sold at each separate price within this range.
- F4Stock Options issued pursuant to the Datawatch Corporation 1996 Stock Plan.
- F5Options fully exercisable.