Home/Filings/4/0001364135-07-000008
4//SEC Filing

AVID TECHNOLOGY INC 4

Accession 0001364135-07-000008

CIK 0000896841operating

Filed

Dec 19, 7:00 PM ET

Accepted

Dec 20, 5:43 PM ET

Size

33.3 KB

Accession

0001364135-07-000008

Insider Transaction Report

Form 4
Period: 2007-12-18
Parisi Paige
VP & General Counsel
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-188000 total
    Exercise: $65.81Exp: 2015-02-17Common Stock (800 underlying)
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+800800 total
    Exercise: $65.81Exp: 2015-02-17Common Stock (800 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-1814,1880 total
    Exercise: $33.86Exp: 2017-02-23Common Stock (14,188 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-185000 total
    Exercise: $42.91Exp: 2014-02-10Common Stock (500 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-186000 total
    Exercise: $40.95Exp: 2015-09-02Common Stock (600 underlying)
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+600600 total
    Exercise: $40.95Exp: 2015-09-02Common Stock (600 underlying)
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+500500 total
    Exercise: $42.91Exp: 2014-02-10Common Stock (500 underlying)
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+14,18814,188 total
    Exercise: $33.86Exp: 2017-02-23Common Stock (14,188 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-1810,0000 total
    Exercise: $39.09Exp: 2016-05-26Common Stock (10,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+10,00010,000 total
    Exercise: $39.09Exp: 2016-05-26Common Stock (10,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-12-181,5000 total
    Exercise: $35.15Exp: 2013-06-23Common Stock (1,500 underlying)
  • Award

    Employee Stock Option (right to buy)

    2007-12-18+1,5001,500 total
    Exercise: $35.15Exp: 2013-06-23Common Stock (1,500 underlying)
Footnotes (6)
  • [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 June 23, 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 10, 2004 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.
  • [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 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.
  • [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 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.
  • [F5]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 May 26, 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.
  • [F6]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.

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, 5:43 PM ET
Size
33.3 KB