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MITEK SYSTEMS INC Director's Dealing 2015

Jun 11, 2015

32914_dirs_2015-06-11_ca381443-757a-4c7b-b83c-77b096ae39a1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITEK SYSTEMS INC (MITK)
CIK: 0000807863
Period of Report: 2015-06-09

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-06-09 Common Stock M 13012 $0.80 Acquired 536604 Direct
2015-06-09 Common Stock S 13012 $4.00 Disposed 523592 Direct
2015-06-10 Common Stock M 800 $0.80 Acquired 524392 Direct
2015-06-10 Common Stock S 800 $4.00 Disposed 523592 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-06-09 Stock Option (Right to Buy) $0.80 M 13012 Disposed 2015-10-19 Common Stock (13012) Direct
2015-06-10 Stock Option (Right to Buy $0.80 M 800 Disposed 2015-10-19 Common Stock (800) Direct

Footnotes

F1: This sale 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 1,368,018 Mitek stock options.

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