SEC Form 4/A · accession 0001144204-18-057187
DATAWATCH CORP · DWCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Michael Anthony Morrison
Officer — President & CEO · Director
Period of report
May 2, 2018
Accepted (ET)
Nov 5, 2018 · 9:25 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 StockF2,F3 | May 2, 2018 | F | 9,167 | $8.99 | D | 286,408 | D | |
| Common StockF4,F5,F6 | holding | — | — | — | 5,985 | I | Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The purpose of this sale is to pay for tax liabilities incurred by Mr. Morrison upon the vesting of certain restricted stock units.
- F2In Mr. Morrison's original Form 4 filed with the U.S. Securities and Exchange Commission on May 4, 2018 (the "Original Filing"), the number of shares sold by Mr. Morrison on May 2, 2018 to pay for tax liabilities incurred by Mr. Morrison upon vesting of certain restricted stock units was overstated by 27,501 shares due to a clerical error. On May 2, 2018, Mr. Morrison sold 9,167 shares to pay for tax liabilities incurred by Mr. Morrison upon the vesting of certain restricted stock units. The price reported in Column 4 was based on the number of shares reported as sold by Mr. Morrison in the Original Filing and is hereby amended to state the corrected weighted average price based on the 9,167 shares sold by Mr. Morrison on May 2, 2018. The number of shares beneficially owned by Mr. Morrison as a result of the sale of 9,167 shares on May 2, 2018 as reported in the Original Filing is hereby amended to correct the aforementioned clerical error.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.90 to $9.15. 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.
- F4In the Original Filing, the number of shares owned by Mr. Morrison's wife as custodian for two UTMA accounts was overstated by 574 shares due to a clerical error. The number of shares beneficially owned by Mr. Morrison's wife as custodian for two UTMA accounts as reported in the Original Filing is hereby amended to correct the aforementioned clerical error.
- F5These shares are owned by Mr. Morrison's wife as custodian for two 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.
- F6This amount includes 192 shares owned by Mr. Morrison's children held in UTMA accounts which were previously reported as separate holdings.