X0202 4 2008-03-14 0 0000792130 DATAWATCH CORP DWCH 0001024388 OSBORNE RICHARD DE J C/O DATAWATCH CORPORATION 271 MILL ROAD, QUORUM OFFICE PARK CHELMSFORD MA 01824 1 0 0 0 Common Stock 2008-03-14 4 A 0 2500 0 A 300502 D The securities awarded on March 14, 2008 are in the form of restricted stock units (RSUs) issued pursuant to the Datawatch 2006 Equity Compensation and Incentive Plan. 833 RSUs will vest on 3/14/2009 and an additional 833 RSUs will vest at 3/14/2010, with the final 834 RSUs vesting on 3/14/2011. This vesting schedule is subject to acceleration in certain instances in connection with an acquisition or other change of control event. Includes 143,370 shares held by Carnegie Hill Associates, LLC. Mr. Osborne is the Managing Principal of Carnegie Hill Associates, LLC and may be deemed a beneficial owner of the shares held by Carnegie Hill Associates, LLC. Mr. Osborne disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. Also includes 43,908 shares owned jointly with Mr. Osborne's spouse. By: /s/ Richard de J. Osborne 2008-03-14