4//SEC Filing
SEACHANGE INTERNATIONAL INC 4
Accession 0001209191-16-093971
CIK 0001019671operating
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 4:54 PM ET
Size
7.6 KB
Accession
0001209191-16-093971
Insider Transaction Report
Form 4
SAMIT JAY A
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2016-01-26+50,000→ 214,871 total - Award
Performance Rights
2016-01-26+100,000→ 100,000 totalExp: 2019-01-31→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]The securities awarded on January 26, 2016 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 at the rate of 33.33% on each of the first and second anniversary of January 31, 2016 with the balance to be vested on the third anniversary of January 31, 2016.
- [F2]Each performance right represents a contingent right to receive up to 1.5 shares of SeaChange common stock. The performance rights vest pursuant to the terms of the applicable Performance Stock Unit Agreement based on SeaChange's relative TSR percentile rank to the Standard & Poor's SmallCap 600 Index.
Documents
Issuer
SEACHANGE INTERNATIONAL INC
CIK 0001019671
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001019671
Filing Metadata
- Form type
- 4
- Filed
- Jan 27, 7:00 PM ET
- Accepted
- Jan 28, 4:54 PM ET
- Size
- 7.6 KB