Kelly Anthony W 4
4 · SEACHANGE INTERNATIONAL INC · Filed May 3, 2012
Insider Transaction Report
Form 4
Kelly Anthony W
Senior Vice President
Transactions
- Award
Common Stock
2012-03-28+9,975→ 467,310 total
Holdings
- 19,424(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]These shares are owned by Ms. Judith Kelly. Mr. Anthony Kelly disclaims beneficial ownership of these shares.
- [F2]The securities awarded on March 28, 2012 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 and to be vested at the rate of 33.33% on each of the first and second anniversary of January 31, 2012, with the balance to be vested on January 31, 2015.