Vann Martin 4
4 · AVID TECHNOLOGY, INC. · Filed Mar 17, 2010
Insider Transaction Report
Form 4
Vann Martin
SVP of WW Sales & Services
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-03-15$0.00/sh−50,000$10→ 0 totalExercise: $12.35Exp: 2016-08-19→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]25,000 shares will vest on a performance-based schedule tied to the Company's stock price; and 25,000 shares will vest on a performance-based schedule tied to the achievement of certain financial metrics or the Company's stock price.
- [F2]The option was canceled by mutual agreement of the reporting person and AVID. The reporting person received $10.00 as consideration for the cancellation.