4//SEC Filing
SEXTON KEN 4
Accession 0001256979-10-000006
CIK 0000896841other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:33 PM ET
Size
8.1 KB
Accession
0001256979-10-000006
Insider Transaction Report
Form 4
SEXTON KEN
EVP, CFO & CAO
Transactions
- Award
Employee Stock Option (Right to Buy)
2010-03-02+75,000→ 75,000 totalExercise: $13.99From: 2011-03-02Exp: 2017-03-02→ Common Stock (75,000 underlying) - Award
Performance Rights (Restricted Stock Units)
2010-03-02+25,000→ 25,000 totalExp: 2021-03-31→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]25% of the shares underlying the option vest on the date listed; the remaining 75% vest in 36 equal monthly installments thereafter.
- [F2]Each restricted stock unit represents a contingent right to receive one share of AVID common stock. The restricted stock units vest on a performance-based schedule tied to AVID's stock price or the achievement of certain financial metrics. This award includes a provision for the withholding of shares to pay the withholding taxes due on the vesting date.
Documents
Issuer
AVID TECHNOLOGY, INC.
CIK 0000896841
Entity typeother
Related Parties
1- filerCIK 0001256979
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:33 PM ET
- Size
- 8.1 KB