SEACHANGE INTERNATIONAL INC 4
4 · SEACHANGE INTERNATIONAL INC · Filed May 20, 2008
Insider Transaction Report
Form 4
VONA CARMINE
Director
Transactions
- Award
Common Stock
2008-05-16+10,000→ 51,887 total
Footnotes (1)
- [F1]The securities awarded on May 16, 2008 are in the form of restricted stock units (RSUs) issued pursuant to the SeaChange International, Inc. 2005 Equity Compensation and Incentive Plan that entitle the reporting person to receive one (1) share of common stock per RSU. The RSUs will vest, and the underlying common stock will issue, ratably over three years. The first tranche will vest on December 1, 2009, with an equal number of shares vesting on December 1, 2010 and the balance of the shares vesting on December 1, 2011.