SEC Form 4 · accession 0000899243-16-033956
MITEK SYSTEMS INC · MITK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael E Diamond
Officer — GENERAL MANAGER
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 7:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000807863
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 16, 2016 | A | 30,000 | $0.00 | A | 185,577 | D | |
| Common StockF2 | Nov 17, 2016 | S | 13,224 | $5.41 | D | 172,353 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock units granted on November 16, 2016. Shares subject to the award vest over four years from the date of grant, with 25% of the shares subject to the award vesting on the first anniversary of the date of grant and the remaining shares vesting in three equal annual installments thereafter.
- F2Represents the disposition of shares to pay withholding taxes upon the vesting of 25,000 restricted stock units.