MITEK SYSTEMS INC — Director's Dealing 2011

Feb 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITEK SYSTEMS INC (MITK.OB)
CIK: 0000807863
Period of Report: 2011-02-18

Reporting Person: BEALMEAR MICHAEL W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-18	Common Stock	M	25000	$0.79	Acquired	90000	Direct
2011-02-18	Common Stock	F	3227	$6.12	Disposed	86773	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-18	Stock Option (Right to Buy)	$0.79	M	25000	Disposed	2013-02-24	Common Stock (25000)	Direct

Footnotes

F1: Exercise of a non-qualified stock option granted February 24, 2010, to purchase 25,000 shares of common stock under the cashless exercise method, resulting in the issuance of 21,773 shares of common stock to the reporting person and the cancellation of the remaining 3,227 shares in consideration of the issuance.

F2: Option was fully vested on date of grant