Parisi Paige 4
4 · AVID TECHNOLOGY INC · Filed Mar 19, 2009
Insider Transaction Report
Form 4
Parisi Paige
VP & General Counsel
Transactions
- Award
Employee Stock Option (right to buy)
2009-03-17+30,000→ 30,000 totalExercise: $9.80From: 2010-03-17Exp: 2016-03-17→ Common Stock (30,000 underlying)
Footnotes (1)
- [F1]10,000 shares will vest on a time-based schedule as follows: 25% of the shares will vest on the first anniversary of the grant date; the remaining shares will vest in 36 equal monthly installments thereafter; 13,332 shares will vest on a performance-based schedule tied to the Company's stock price; and 6,668 shares will vest on a performance-based schedule tied to the Company's stock price or the achievement of certain financial metrics.