Susan Repo - 07 Jun 2021 Form 4 Insider Report for MITEK SYSTEMS INC (MITK)

Role: Director
Signature: /s/ Jason Gray, by Power of Attorney
Issuer symbol: MITK
Transactions as of: 07 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 10 Jun 2021, 21:15:18 UTC
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MITK	Common Stock	Award	$0	+5,473		$0.000000	5,473	07 Jun 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).