BORNAK MICHAEL D 4
4 · SEACHANGE INTERNATIONAL INC · Filed Dec 14, 2012
Insider Transaction Report
Form 4
BORNAK MICHAEL D
Chief Financial Officer
Transactions
- Award
Common Stock
2012-07-31$7.57/sh+6,250$47,313→ 6,250 totalExercise: $7.57From: 2013-01-31Exp: 2019-07-31→ Common Stock (6,250 underlying) - Award
Common Stock
2012-10-31$9.05/sh+6,250$56,563→ 6,250 totalExercise: $9.05From: 2013-01-31Exp: 2019-10-31→ Common Stock (6,250 underlying)
Footnotes (2)
- [F1]The option was granted on July 31, 2012 based on a determination on such date that certain performance criteria for the issuer's fiscal quarter ended July 31, 2012 had been met. The exercise price of the option is the last reported sale price of the issuer's common stock on July 31, 2012, which is a price in excess of the fair market value of the issuer's common stock on the date of grant.
- [F2]The option was granted on October 31, 2012 based on a determination on such date that certain performance criteria for the issuer's fiscal quarter ended October 31, 2012 had been met. The exercise price of the option is the last reported sale price of the issuer's common stock on October 31, 2012, which is a price in excess of the fair market value of the issuer's common stock on the date of grant.