MITEK SYSTEMS INC — Director's Dealing 2015

Jul 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITEK SYSTEMS INC (MITK)
CIK: 0000807863
Period of Report: 2015-07-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-21	Common Stock	M	13397	$0.80	Acquired	536989	Direct
2015-07-21	Common Stock	M	10251	$0.82	Acquired	547240	Direct
2015-07-21	Common Stock	S	23648	$4.00	Disposed	523592	Direct
2015-07-22	Common Stock	M	15921	$0.82	Acquired	539513	Direct
2015-07-22	Common Stock	S	15921	$4.00	Disposed	523592	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-21	Stock Option (Right to Buy)	$0.80	M	13397	Acquired	2015-10-19	Common Stock (13397)	Direct
2015-07-21	Stock Option (Right to Buy)	$0.82	M	10251	Acquired	2015-11-18	Common Stock (10251)	Direct
2015-07-21	Stock Option (Right to Buy)	$0.82	M	15921	Acquired	2015-11-18	Common Stock (15921)	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 October 19, 2015, and November 18, 2015.

F2: This sale was effected pursuant to the Trading Plan. In addition to the common stock and restricted stock units referenced in footnote 3 below, following this sale Mr. DeBello holds 1,255,658 Mitek stock options.

F3: Comprised of 434,636 shares of common stock and 88,956 shares subject to restricted stock awards held by the reporting person.