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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.