Salvatori Carlo 4
4 · SEACHANGE INTERNATIONAL INC · Filed Dec 8, 2010
Insider Transaction Report
Form 4
Salvatori Carlo
Director
Transactions
- Award
Common Stock
2010-12-06+12,000→ 48,000 total
Footnotes (1)
- [F1]The securities awarded on December 6, 2010 are in the form of restricted stock units (RSUs) issued pursuant to the SeaChange International, Inc. Amended and Restated 2005 Equity Compensation and Incenvtive 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, 2011, with an equal number of shares vesting on December 1, 2012 and the balance of the shares vesting on December 1, 2013.