4//SEC Filing
Szynkowski Mark Paul 4
Accession 0001209191-23-021942
CIK 0001019671other
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 6:42 PM ET
Size
7.5 KB
Accession
0001209191-23-021942
Insider Transaction Report
Form 4
Szynkowski Mark Paul
SVP, CFO and Treasurer
Transactions
- Award
Common Stock
2023-03-30+60,000→ 60,000 total - Award
Common Stock
2023-03-30+60,000→ 120,000 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 September 30, 2023, March 30, 2024, March 30, 2025 and March 30, 2026. 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 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 March 30, 2023. 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 vesting schedule (with one quarter of the shares vesting six months from the grant date and the other three quarters vesting on the 1st, 2nd and 3rd anniversary of the grant date, respectively prior to the Change in Control.
Documents
Issuer
SEACHANGE INTERNATIONAL INC
CIK 0001019671
Entity typeother
Related Parties
1- filerCIK 0001629150
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 6:42 PM ET
- Size
- 7.5 KB