Vann Martin 4
4 · AVID TECHNOLOGY, INC. · Filed Aug 21, 2009
Insider Transaction Report
Form 4
Vann Martin
SVP of WW Sales & Services
Transactions
- Award
Common Stock
2009-08-19+15,000→ 29,410 total - Award
Employee Stock Option (Right to Buy)
2009-08-19+50,000→ 50,000 totalExercise: $12.35Exp: 2016-08-19→ Common Stock (50,000 underlying)
Footnotes (2)
- [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 automatic withholding of shares to pay the withholding taxes due on each vesting date.
- [F2]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.