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Filing Details

Accession Number:: 0001144204-14-032633
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-05-20 20:06:37
Reporting Period:: 2014-05-16

Filing Date:: 2014-05-20
Accepted Time:: 2014-05-20 20:06:37
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
1296592	Anthony Michael Morrison	C/O Datawatch Corporation 271 Mill Road, Quorum Office Park Chelmsford MA 01824	President And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2014-05-16	10,000	$12.31	382,687	No	4	F	Direct
Common Stock	Disposition	2014-05-19	18,438	$12.71	364,249	No	4	S	Direct
Common Stock	Disposition	2014-05-20	51,562	$12.30	312,687	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	F	Direct
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	88	Indirect	By Daughter
Common Stock	60	Indirect	By Daughter
Common Stock	44	Indirect	By Son
Common Stock	119,463	Indirect	Trustee
Common Stock	17,858	Indirect	Spouse

Footnotes

This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person in order to cover taxes due in connection with the vesting of restricted stock units.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.245 to $12.50. 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.
This transaction was effected to reduce the number of shares held by the reporting person that are pledged as collateral through a margin account in order to comply with the Issuer's recently amended insider trading policy, which discourages margin positions against the Issuer's stock.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.50 to $13.365. 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.05 to $12.62. 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.
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.
These shares are owned by Merrill Lynch, Trustee f/b/o Michael Morrison Roth IRA.
13,500 shares are owned by Mr. Morrison's wife as custodian for five UTMA accounts and 4,358 shares are owned by Mr. Morrison's wife outright. 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.