4//SEC Filing
Klimmer Christoph 4
Accession 0001209191-22-051937
CIK 0001019671other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 6:11 PM ET
Size
7.5 KB
Accession
0001209191-22-051937
Insider Transaction Report
Form 4
Klimmer Christoph
President
Transactions
- Award
Common Stock
2022-09-29+150,000→ 150,000 total - Award
Common Stock
2022-09-29+150,000→ 300,000 total
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") issued pursuant to SeaChange International Inc.'s Amended and Restated 2021 Compensation and Incentive Plan. The shares subject to the RSU award will vest in four equal installments on each of March 29, 2023, September 29, 2023, September 29, 2024 and September 29, 2025. In the event of a Change in Control of the Company, these RSUs shall vest in their entirety immediately prior to the Change in Control of the Company.
- [F2]Represents performance-based restricted stock units ("PSUs") issued pursuant to SeaChange International Inc.'s Amended and Restated 2021 Compensation and Incentive Plan. The shares subject to the performance-based RSU award will vest: one quarter of the PSUs shall vest on March 29, 2023, and the remaining three quarters shall vest on the attainment of a closing price of $2.50 that must be held for twenty (20) consecutive trading days within the 3 years from September 29, 2022. In the event of a Change in Control of the Company, unearned PSUs shall vest immediately prior to the Change in Control for those PSUs that would have vested on a time-based 3 year annual vesting schedule prior to the Change in Control.
Documents
Issuer
SEACHANGE INTERNATIONAL INC
CIK 0001019671
Entity typeother
Related Parties
1- filerCIK 0001943674
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 6:11 PM ET
- Size
- 7.5 KB