SMITH CHARLES L 4

4 · AVID TECHNOLOGY INC · Filed Apr 28, 2004

Form 4

Period: 2004-04-26

General Manager Video Division

Transactions

Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-04-26−3,125→ 7,500 total
Exercise: $12.80From: 2001-10-17Exp: 2011-04-17→ Common Stock (3,125 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-04-26−3,750→ 250 total
Exercise: $19.00From: 1996-12-22Exp: 2005-12-22→ Common Stock (3,750 underlying)
Sale
Common Stock
2004-04-26$53.80/sh−5,000$269,000→ 37,468 total
Exercise/Conversion
Incentive Stock Option (right to buy)
2004-04-26−10,000→ 0 total
Exercise: $15.63From: 1997-10-16Exp: 2007-04-01→ Common Stock (10,000 underlying)
Exercise/Conversion
Common Stock
2004-04-26$19.00/sh+3,750$71,250→ 42,468 total
Exercise/Conversion
Common Stock
2004-04-26$15.63/sh+10,000$156,250→ 27,468 total
Exercise/Conversion
Incentive Stock Option (right to buy)
2004-04-26−8,125→ 0 total
Exercise: $14.50From: 2000-11-03Exp: 2010-05-03→ Common Stock (8,125 underlying)
Exercise/Conversion
Common Stock
2004-04-26$14.50/sh+8,125$117,813→ 35,593 total
Exercise/Conversion
Common Stock
2004-04-26$12.80/sh+3,125$40,000→ 38,718 total

Footnotes (3)

[F1]25% of the option becomes exercisable on the date listed in the "Date Exercisable" column; the remaining 75% becomes exercisable in 12 equal quarterly installments beginning three months after the date listed in the "Date Exercisable" column.
[F2]25% of the option becomes exercisable on the date listed in the "Date Exercisable" column; the remaining 75% becomes exercisable in three equal six month installments thereafter.
[F3]12.5% of the option becomes exercisable on the date listed in the "Date Exercisable" column; the remaining 87.5% becomes exercisable in 42 equal monthly installments thereafter.

Documents

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