van Dommelen Erwin 4
4 · SEACHANGE INTERNATIONAL INC · Filed Sep 21, 2010
Insider Transaction Report
Form 4
van Dommelen Erwin
President, SeaChange Software
Transactions
- Award
Common Stock
2010-09-01$8.20/sh+75,018$615,148→ 75,018 total(indirect: By Ventise Holding B.V.)
Footnotes (1)
- [F1]The reporting person is a shareholder and Managing Director of Ventise Holding B.V., to which the reported shares were issued in connection with the Agreement for the Acquisition of the Entire Issued Share Capital of eventIS Group B.V. (the "Share Purchase Agreement") described in the Issuer's Current Report on Form 8-K filed with the SEC on September 1, 2009 (File No. 000-21393). The reported shares are in the form of restricted stock units subject to vesting ratably in three annual installments on each of September 1, 2011, September 1, 2012 and September 1, 2013 pursuant to the terms and conditions of a Restricted Stock Unit Agreement entered into pursuant to the Share Purchase Agreement on September 1, 2009 by and between the Issuer's subsidiary SeaChange B.V. and Ventise Holding B.V.