Filing Details

Accession Number:
0001144204-17-038764
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-07-27 17:00:23
Reporting Period:
2017-07-25
Filing Date:
2017-07-27
Accepted Time:
2017-07-27 17:00:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
792130 Datawatch Corp DWCH Services-Prepackaged Software (7372) 020405716
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1024388 J De Richard Osborne C/O Datawatch Corporation
4 Crosby Drive
Bedford MA 01730
Yes No 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 2017-07-25 25,000 $3.46 380,502 No 4 M Direct
Common Stock Disposition 2017-07-25 17,000 $10.90 363,502 No 4 S Direct
Common Stock Acquisiton 2017-07-26 25,000 $3.46 388,502 No 4 M Direct
Common Stock Disposition 2017-07-26 17,000 $11.40 371,502 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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 2017-07-25 25,000 $0.00 25,000 $3.46
Common Stock Stock Option (Right to Buy) Disposition 2017-07-26 25,000 $0.00 25,000 $3.46
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
25,000 2018-02-10 No 4 M Direct
0 2018-02-10 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,000 Indirect Spouse
Footnotes
  1. Includes 143,370 shares held by Carnegie Hill Associates, LLC. Mr. Osborne is the Managing Principal of Carnegie Hill Associates, LLC and may be deemed a beneficial owner of the shares held by Carnegie Hill Associates, LLC. Mr. Osborne disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
  2. The purpose of this sale was to cover the cost of: (i) the aggregate exercise price payable by the reporting person and (ii) income taxes liabilities of the reporting person upon the exercise of stock options reported in the row immediately above for the same date.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.90 to $10.93. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
  4. These shares are owned by Mr. Osborne's wife. The reporting person acquired beneficial ownership of these shares upon his marriage to the owner of the shares on November 22, 2014. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
  5. The stock option, representing a right to purchase a total of 50,000 shares of Common Stock of the Issuer, became fully exercisable on May 11, 2014.