Filing Details

Accession Number:
0001209191-20-063416
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-15 13:41:37
Reporting Period:
2020-12-11
Accepted Time:
2020-12-15 13:41:37
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 2020-12-11 150,000 $30.50 200,000 No 4 M Direct
Common Stock Disposition 2020-12-11 117,083 $52.37 82,917 No 4 F Direct
Common Stock Disposition 2020-12-14 32,917 $50.99 50,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F 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 Options Disposition 2020-12-11 150,000 $0.00 150,000 $30.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2017-12-01 2027-09-01 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
  1. Represents a "net exercise" of outstanding stock options. The reporting person received 32,917 shares of common stock on net exercise of option to purchase 150,000 shares of common stock. The Company withheld 117,083 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on December 11, 2020 of $52.37.
  2. The price reported on this transaction is an average price. Shares were sold in multiple transactions at prices ranging from $50.25 to $52.15. 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.