Wilson Royce E. 4
4 · SEACHANGE INTERNATIONAL INC · Filed Aug 29, 2018
Insider Transaction Report
Form 4
Wilson Royce E.
Director
Transactions
- Award
Common Stock
2018-07-12+31,250→ 131,860 total
Footnotes (1)
- [F1]The securities awarded on July 12, 2018 are in the form of restricted stock units (RSUs) issued pursuant to the SeaChange International, Inc. Second Amended and Restated 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 on the earlier of (i) July 12, 2019, (ii) the business day before the Issuer's 2019 Annual Meeting of Stockholders or (iii) a change in control of the Issuer. The reporting person has elected to defer issuance of the shares underlying the RSU award until the earlier of the reporting person's departure from the Issuer's board of directors or a change in control of the Issuer.