4//SEC Filing
Parisi Paige 4
Accession 0001364135-10-000005
CIK 0000896841other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:32 PM ET
Size
10.1 KB
Accession
0001364135-10-000005
Insider Transaction Report
Form 4
Parisi Paige
VP & General Counsel
Transactions
- Tax Payment
Common Stock
2010-03-03$13.99/sh−303$4,239→ 11,829 total - Award
Employee Stock Option (Right to Buy)
2010-03-02+30,000→ 30,000 totalExercise: $13.99From: 2011-03-02Exp: 2017-03-02→ Common Stock (30,000 underlying) - Award
Performance Rights (Restricted Stock Units)
2010-03-02+15,000→ 15,000 totalExp: 2021-03-31→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]Represents shares withheld to satisfy tax withholding obligation upon the vesting on March 3, 2010 of 25% of the restricted stock awarded to the reporting person on March 3, 2008. This award includes a provision for the withholding of shares to pay the withholding taxes due on the vesting date.
- [F2]25% of the shares underlying the option vest on the date listed; the remaining 75% vest in 36 equal monthly installments thereafter.
- [F3]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 0001364135
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:32 PM ET
- Size
- 10.1 KB