4//SEC Filing
van Dommelen Erwin 4
Accession 0001181431-11-042228
CIK 0001019671other
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 6:17 PM ET
Size
8.6 KB
Accession
0001181431-11-042228
Insider Transaction Report
Form 4
van Dommelen Erwin
President, SeaChange Software
Transactions
- Award
Common Stock
2011-07-20+31,646→ 31,646 total - Award
Common Stock
2011-07-20+8,000→ 39,646 total
Holdings
- 75,018(indirect: By Ventise Holding B.V.)
Common Stock
Footnotes (3)
- [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.
- [F2]The securities awarded on July 20, 2011 are in the form of restricted stock units (RSUs) issued pursuant to the SeaChange International, Inc. 2011 Compensation and Incentive Plan (the "2011 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 January 31, 2012, with an equal number of shares vesting on January 31, 2013 and the balance of the shares vesting on January 31, 2014.
- [F3]The securities awarded on July 20, 2011 are in the form of restricted stock units (RSUs) issued pursuant to the SeaChange International, Inc. 2011 Compensation and Incentive Plan (the "2011 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 April 30, 2013, with an equal number of shares vesting on April 30, 2014 and the balance of the shares vesting on April 30, 2015.
Documents
Issuer
SEACHANGE INTERNATIONAL INC
CIK 0001019671
Entity typeother
Related Parties
1- filerCIK 0001487280
Filing Metadata
- Form type
- 4
- Filed
- Jul 21, 8:00 PM ET
- Accepted
- Jul 22, 6:17 PM ET
- Size
- 8.6 KB