OLSON THOMAS F 5
5 · SEACHANGE INTERNATIONAL INC · Filed Mar 16, 2012
Insider Transaction Report
Form 5
OLSON THOMAS F
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2012-01-18+75,000→ 75,000 totalExercise: $6.74From: 2012-12-01Exp: 2019-01-18→ Common Stock (75,000 underlying) - Award
Common Stock
2012-01-18+8,000→ 98,796 total - Award
Common Stock
2012-01-18+2,898→ 87,898 total - Award
Common Stock
2012-01-18+2,898→ 90,796 total
Footnotes (4)
- [F1]The securities awarded on January 18, 2012 were in the form of restricted stock units (RSUs) issued pursuant to the Corporation's 2011 Compensation and Incentive Plan that entitled the reporting person to receive one (1) share of common stock per RSU upon vesting, with the award having fully vested upon issuance.
- [F2]The securities awarded on January 18, 2012 were in the form of restricted stock units (RSUs) issued pursuant to the Corporation's 2011 Compensation and Incentive Plan that entitled the reporting person to receive one (1) share of common stock per RSU upon vesting, with the award having fully vested on January 31, 2012.
- [F3]The securities awarded on January 18, 2012 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 to be vested in equal increments on each of the first, second and third anniversary of December 1, 2011.
- [F4]Vested at the rate of 33.33% on the first anniversary of December 1, 2011 and an additional 8.34% at the end of each quarter thereafter.