GOLDFARB IRA 4
4 · SEACHANGE INTERNATIONAL INC · Filed Jul 22, 2011
Insider Transaction Report
Form 4
GOLDFARB IRA
Sr VP Worldwide Sales
Transactions
- Award
Common Stock
2011-07-20+46,139→ 164,272 total - Award
Common Stock
2011-07-20+3,000→ 167,272 total
Footnotes (2)
- [F1]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.
- [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 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.