Aloni Yosef 4/A
4/A · SEACHANGE INTERNATIONAL INC · Filed Jun 5, 2020
Insider Transaction Report
Form 4/AAmended
Aloni Yosef
Chief Commercial Officer
Transactions
- Award
Performance rights stock option
2020-05-26$3.50/sh+185,714$649,999→ 185,714 totalExercise: $3.50Exp: 2030-05-26→ Common Stock (185,714 underlying)
Footnotes (2)
- [F1]The initial Form 4 reporting this transaction included certain errors with respect to the exercise price and the number of derivative securities acquired and beneficially owned following the transaction. Accordingly, this amended Form 4 is being filed to correct such errors.
- [F2]The performance rights represent an option to purchase 185,714 shares of SeaChange International, Inc. ("SeaChange") common stock. The performance rights vest in three equal installments based on SeaChange's attainment of a threshold stock price over a period of twenty (20) consecutive trading days within the three years of the date of grant.