4//SEC Filing
Greenberg Ronald S 4
Accession 0001500638-10-000006
CIK 0000896841other
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 2:53 PM ET
Size
10.3 KB
Accession
0001500638-10-000006
Insider Transaction Report
Form 4
Greenberg Ronald S
SVP of Marketing
Transactions
- Award
Performance Rights (Restricted Stock Units)
2010-09-07+7,500→ 7,500 totalExp: 2021-03-31→ Common Stock (7,500 underlying) - Award
Employee Stock Option (Right to Buy)
2010-09-07+75,000→ 75,000 totalExercise: $11.34Exp: 2017-09-07→ Common Stock (75,000 underlying) - Award
Common Stock
2010-09-07+10,000→ 10,000 total
Footnotes (3)
- [F1]Represents restricted stock unit award that will vest in four equal annual installments beginning on the first anniversary of the grant date. This award includes a provision for the withholding of shares to pay the withholding taxes due on the vesting date.
- [F2]47,500 shares will vest on a performance-based schedule tied to AVID's stock price or the achievement of certain financial metrics; and 27,500 shares will vest on a time-based schedule as follows: 25% of the shares will vest on the first anniversary of the grant date and the remaining shares will 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 0001500638
Filing Metadata
- Form type
- 4
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 2:53 PM ET
- Size
- 10.3 KB