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4//SEC Filing

AVID TECHNOLOGY INC 4

Accession 0001354683-07-000011

CIK 0000896841operating

Filed

Dec 19, 7:00 PM ET

Accepted

Dec 20, 6:09 PM ET

Size

13.6 KB

Accession

0001354683-07-000011

Insider Transaction Report

Form 4
Period: 2007-12-18
Legon Joel
DirectorVP & Chief Financial Officer
Transactions
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+24,46224,462 total
    Exercise: $36.51Exp: 2017-07-19Common Stock (24,462 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-1824,4620 total
    Exercise: $36.51Exp: 2017-07-19Common Stock (24,462 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-186,0000 total
    Exercise: $47.02Exp: 2016-03-07Common Stock (6,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+6,0006,000 total
    Exercise: $47.02Exp: 2016-03-07Common Stock (6,000 underlying)
Footnotes (2)
  • [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 March 7, 2006 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 July 19, 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.

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, 6:09 PM ET
Size
13.6 KB