Filing Details
- Accession Number:
- 0001209191-20-057861
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-11-12 12:08:15
- Reporting Period:
- 2020-11-09
- Accepted Time:
- 2020-11-12 12:08:15
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1438231 | Digimarc Corp | DMRC | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1218987 | L Bruce Davis | 9405 Sw Gemini Drive Beaverton OR 97008 | Chairman And Ceo | 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 | 2020-11-09 | 50,000 | $30.01 | 110,729 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-11-09 | 50,000 | $33.06 | 60,729 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 | Non-Qualified Stock Option | Disposition | 2020-11-09 | 50,000 | $0.00 | 50,000 | $30.01 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2021-01-02 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Series A Redeemable Nonvoting Preferred Stock | 5,000 | Direct |
Footnotes
- The 50,000 stock options would have expired on 01/02/2021. The net proceeds to the Executive Officer were approximately $78,000 after payment of aggregate option exercise price, tax withholding and brokerage fees and commissions. The net proceeds to the Company were $1,500,500.
- The price reported on this transaction is an average price. Shares were sold in multiple transactions at prices ranging from $33.00 to $33.55. If requested, the reporting person will provide information regarding the number of shares sold at each separate price within this range to Digimarc, any security holder of Digimarc, or the staff of the Securities and Exchange Commission.
- The option vested and became exercisable with respect to 1/48th of the total number of shares on each monthly anniversary of the date of grant.
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