BILLINGS GEORGE H 4
4 · AVID TECHNOLOGY, INC. · Filed Jun 13, 2011
Insider Transaction Report
Form 4
BILLINGS GEORGE H
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2011-06-10+3,000→ 3,000 totalExercise: $16.50Exp: 2018-06-10→ Common Stock (3,000 underlying) - Award
Common Stock
2011-06-10+6,000→ 11,000 total
Footnotes (2)
- [F1]Represents restricted stock unit award that will vest in full on the earlier of the first anniversary of the date of grant or the business day prior to Avid's next annual meeting of stockholders following the date of grant.
- [F2]The stock option becomes exercisable in full on the earlier of the first anniversary of the date of grant or the business day prior to Avid's next annual meeting of stockholders following the date of grant.