OLSON THOMAS F 4
4 · SEACHANGE INTERNATIONAL INC · Filed Dec 2, 2011
Insider Transaction Report
Form 4
OLSON THOMAS F
Director
Transactions
- Award
Common Stock
2011-11-30+12,000→ 85,000 total
Footnotes (1)
- [F1]The securities awarded on November 30, 2011 are in the form of restricted stock units (RSUs) issued pursuant to the Corporation's 2011 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, 2012, with an equal number of shares vesting on December 1, 2013 and the balance of the shares vesting on December 1, 2014.