Susan Repo - Jun 7, 2021 Form 4 Insider Report for MITEK SYSTEMS INC (MITK)

Role: Director
Signature: /s/ Jason Gray, by Power of Attorney
Stock symbol: MITK
Transactions as of: Jun 7, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/10/2021, 09:15 PM
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MITK	Common Stock	Award	$0	+5.47K		$0.00	5.47K	Jun 7, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Currently, the Company provides its outside directors with $125,000 in annual equity compensation which generally is granted in March of each year. Accordingly, on June 7, 2021, in connection with Ms. Repo's appointment to the Board, she received a grant of restricted stock units of the Company ("RSUs") having an initial value of $93,750, which units will fully vest in March 2022 (immediately prior to the date of the Company's annual stockholder meeting).

Content

Currently, the Company provides its outside directors with $125,000 in annual equity compensation which generally is granted in March of each year. Accordingly, on June 7, 2021, in connection with Ms. Repo's appointment to the Board, she received a grant of restricted stock units of the Company ("RSUs") having an initial value of $93,750, which units will fully vest in March 2022 (immediately prior to the date of the Company's annual stockholder meeting).