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AVID TECHNOLOGY INC 4

Accession 0001202480-07-000012

CIK 0000896841operating
View on SEC.govCompany Profile

Filed

Dec 19, 7:00 PM ET

Accepted

Dec 20, 6:04 PM ET

Size

33.5 KB

Accession

0001202480-07-000012

Insider Transaction Report

Form 4
Period: 2007-12-18
AVID TECHNOLOGY INCAVID
LEBOLT DAVID
SVP & Chief Technology Officer
Transactions
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+60,000→ 60,000 total
    Exercise: $8.41Exp: 2012-07-22→ Common Stock (60,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+21,000→ 21,000 total
    Exercise: $42.91Exp: 2014-02-10→ Common Stock (21,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+24,322→ 24,322 total
    Exercise: $33.86Exp: 2017-02-23→ Common Stock (24,322 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-18−30,000→ 0 total
    Exercise: $22.01Exp: 2013-01-10→ Common Stock (30,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-18−24,322→ 0 total
    Exercise: $33.86Exp: 2017-02-23→ Common Stock (24,322 underlying)
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+30,000→ 30,000 total
    Exercise: $22.01Exp: 2013-01-10→ Common Stock (30,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-18−21,000→ 0 total
    Exercise: $42.91Exp: 2014-02-10→ Common Stock (21,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-18−15,000→ 0 total
    Exercise: $40.95Exp: 2015-09-02→ Common Stock (15,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-18−60,000→ 0 total
    Exercise: $8.41Exp: 2012-07-22→ Common Stock (60,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+15,000→ 15,000 total
    Exercise: $40.95Exp: 2015-09-02→ Common Stock (15,000 underlying)
Footnotes (6)
  • [F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on July 22, 2002 and provides for vesting as follows: 12.5% of the shares vest on the date that is six (6) months after the Grant Date; the remaining shares vest in forty-two (42) equal monthly installments beginning on the date that is seven (7) months after the Grant Date.
  • [F2]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on January 10, 2003 and provides for vesting as follows: 12.5% of the shares vest on the date that is six (6) months after the Grant Date; the remaining shares vest in forty-two (42) equal monthly installments beginning on the date that is seven (7) months after the Grant Date.
  • [F3]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 10, 2004 and provides for vesting as follows: 12.5% of the shares vest on the date that is six (6) months after the Grant Date; the remaining shares vest in forty-two (42) equal monthly installments beginning on the date that is seven (7) months after the Grant Date.
  • [F4]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 17, 2005 and provided for vesting as follows: 12.5% of the shares vest on the date that is six (6) months after the Grant Date; the remaining shares vest in forty-two (42) equal monthly installments beginning on the date that is seven (7) months after the Grant . On October 26, 2005, the Company's Board of Directors approved a partial acceleration of the vesting of this option so that this option became exercisable as to an additional number of shares equal to the number that would have been exercisable as of December 31, 2007.
  • [F5]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on September 2, 2005 and provides for vesting as follows: 12.5% of the shares vest on the date that is six (6) months after the Grant Date; the remaining shares vest in forty-two (42) equal monthly installments beginning on the date that is seven (7) months after the Grant Date.
  • [F6]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 23, 2007 and provides for vesting as follows: 12.5% of the shares vest on the date that is six (6) months after the Grant Date; the remaining shares vest in forty-two (42) equal monthly installments beginning on the date that is seven (7) months after the Grant Date.

Documents

1 file

Issuer

AVID TECHNOLOGY INC

CIK 0000896841

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000896841

Filing Metadata

Form type
4
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 6:04 PM ET
Size
33.5 KB
View on SEC.gov