MITEK SYSTEMS INC — Director's Dealing 2020

Nov 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITEK SYSTEMS INC (MITK)
CIK: 0000807863
Period of Report: 2020-11-16

Reporting Person: THOMPSON JANE J. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-16	Common Stock	A	2836	—	Acquired	90181	Direct

Footnotes

F1: Represents restricted stock units granted on November 16, 2020. Shares subject to the award vest on March 3, 2021. Currently, the Company provides its outside directors with $125,000 in annual equity compensation which generally is granted in November of each year. This year, in order to better align each Director's equity compensation with their annual term of service, the Company will make a pro-rata equity grant of $37,000, which is intended to compensate each director for the period beginning November 16, 2020 and ending March 3, 2021 (the anticipated date of our annual stockholder meeting date). Following the annual stockholder meeting, the Company will then resume it's normal equity granting practice, with the vesting term to commence upon election to the board at such meeting and ending upon the next year's annual meeting date.