MITEK SYSTEMS INC — Director's Dealing 2015

Jul 27, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITEK SYSTEMS INC (MITK)
CIK: 0000807863
Period of Report: 2015-07-24

Reporting Person: DEBELLO JAMES B (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-24	Common Stock	M	73828	$0.82	Acquired	597420	Direct
2015-07-24	Common Stock	M	1662	$1.10	Acquired	599082	Direct
2015-07-24	Common Stock	S	75490	$4.1271	Disposed	523592	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-24	Stock Option (Right to Buy)	$0.82	M	73828	Acquired	2015-11-18	Common Stock (73828)	Direct
2015-07-24	Stock Option (Right to Buy)	$1.10	M	1662	Acquired	2016-07-10	Common Stock (1662)	Direct

Footnotes

F1: This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 4, 2015 (the "Trading Plan"). Pursuant to the Trading Plan, Mr. DeBello, may sell, on a periodic basis, vested stock options that would otherwise expire on November 18, 2015 and July 10, 2016. In addition to the common stock and restricted stock units referenced in footnote 2 below, following this sale Mr. DeBello holds 1,180,168 Mitek stock options.

F2: Comprised of 434,636 shares of common stock and 88,956 shares subject to restricted stock units held by the reporting person.