4//SEC Filing
Burke Jason G 4
Accession 0001492485-10-000006
CIK 0000896841other
Filed
May 19, 8:00 PM ET
Accepted
May 20, 7:13 PM ET
Size
8.3 KB
Accession
0001492485-10-000006
Insider Transaction Report
Form 4
Burke Jason G
Vice President of Finance
Transactions
- Award
Employee Stock Option (Right to Buy)
2010-05-18+32,000→ 32,000 totalExercise: $14.32From: 2011-05-18Exp: 2017-05-18→ Common Stock (32,000 underlying) - Award
Performance Rights (Restricted Stock Units)
2010-05-18+16,000→ 16,000 totalExp: 2021-03-31→ Common Stock (16,000 underlying)
Footnotes (2)
- [F1]25% of the shares underlying the option vest on the date listed; the remaining 75% vest in 36 equal monthly installments thereafter.
- [F2]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 0001492485
Filing Metadata
- Form type
- 4
- Filed
- May 19, 8:00 PM ET
- Accepted
- May 20, 7:13 PM ET
- Size
- 8.3 KB