4//SEC Filing
AVID TECHNOLOGY INC 4
Accession 0001336129-07-000009
CIK 0000896841operating
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 6:19 PM ET
Size
23.6 KB
Accession
0001336129-07-000009
Insider Transaction Report
Form 4
Rastogi Sharad
VP of Corporate Development
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2007-12-18−30,000→ 0 totalExercise: $40.95Exp: 2015-09-02→ Common Stock (30,000 underlying) - Award
Employee Stock Option (right to buy)
2007-12-18+30,000→ 30,000 totalExercise: $40.95Exp: 2015-09-02→ Common Stock (30,000 underlying) - Award
Employee Stock Option (right to buy)
2007-12-18+50,000→ 50,000 totalExercise: $48.00Exp: 2013-12-31→ Common Stock (50,000 underlying) - Award
Employee Stock Option (right to buy)
2007-12-18+6,000→ 6,000 totalExercise: $65.81Exp: 2015-02-17→ Common Stock (6,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2007-12-18−50,000→ 0 totalExercise: $48.00Exp: 2013-12-31→ Common Stock (50,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2007-12-18−6,000→ 0 totalExercise: $65.81Exp: 2015-02-17→ Common Stock (6,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2007-12-18−16,215→ 0 totalExercise: $33.86Exp: 2017-02-23→ Common Stock (16,215 underlying) - Award
Employee Stock Option (right to buy)
2007-12-18+16,215→ 16,215 totalExercise: $33.86Exp: 2017-02-23→ Common Stock (16,215 underlying)
Footnotes (4)
- [F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on December 31, 2003 and provides for vesting as follows: 12.5% of the shares vest on the date that is six (6) months after the Grant Date; the remaining shares vest in forty-two (42) equal monthly installments beginning on the date that is seven (7) months after the Grant Date.
- [F2]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 17, 2005 and provided for vesting as follows: 12.5% of the shares vest on the date that is six (6) months after the Grant Date; the remaining shares vest in forty-two (42) equal monthly installments beginning on the date that is seven (7) months after the Grant. On October 26, 2005, the Company's Board of Directors approved a partial acceleration of the vesting of this option so that this option became exercisable as to an additional number of shares equal to the number that would have been exercisable as of December 31, 2007.
- [F3]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on September 2, 2005 and provides for vesting as follows: 12.5% of the shares vest on the date that is six (6) months after the Grant Date; the remaining shares vest in forty-two (42) equal monthly installments beginning on the date that is seven (7) months after the Grant Date.
- [F4]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 23, 2007 and provides for vesting as follows: 12.5% of the shares vest on the date that is six (6) months after the Grant Date; the remaining shares vest in forty-two (42) equal monthly installments beginning on the date that is seven (7) months after the Grant Date.
Documents
Issuer
AVID TECHNOLOGY INC
CIK 0000896841
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000896841
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 6:19 PM ET
- Size
- 23.6 KB