Filing Details

Accession Number:
0001209191-16-117637
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-04 21:36:54
Reporting Period:
2016-05-02
Filing Date:
2016-05-04
Accepted Time:
2016-05-04 21:36:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
807863 Mitek Systems Inc MITK Computer Peripheral Equipment, Nec (3577) 870418827
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1212148 B James Debello 8911 Balboa Avenue
Suite B
San Diego CA 92123
President & Ceo & Chairman Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-05-02 89,247 $1.10 803,789 No 4 M Direct
Common Stock Acquisiton 2016-05-02 59,091 $1.10 862,880 No 4 M Direct
Common Stock Disposition 2016-05-02 59,091 $8.11 803,789 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2016-05-02 89,247 $1.10 89,247 $1.10
Common Stock Stock Option (Right to Buy) Disposition 2016-05-02 59,091 $1.10 59,091 $1.10
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,090,921 2009-07-10 2016-07-10 No 4 M Direct
1,031,830 2009-07-10 2016-07-10 No 4 M Direct
Footnotes
  1. Mr. DeBello purchased and holds 89,247 shares pursuant to exercising a 2006 option grant. In addition Mr. DeBello exercised and sold 59,091 shares to cover taxes and associated costs pursuant to a 2006 option grant due to expire this year. The sales of common stock reported in this Form 4 were made pursuant to a 10b5-1 trading plan adopted by the reporting person on March 16, 2016 (the "Trading Plan"). Pursuant to the Trading Plan, Mr. DeBello, may sell, on a periodic basis, vested stock options that would otherwise expire on July 10, 2016.
  2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.92 - $8.2950, inclusive. The reporting person undertakes to provide to Mitek Systems, Inc., any security holder of Mitek Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 2.