0001181431-11-058577.txt : 20111202
0001181431-11-058577.hdr.sgml : 20111202
20111202172449
ACCESSION NUMBER: 0001181431-11-058577
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111130
FILED AS OF DATE: 20111202
DATE AS OF CHANGE: 20111202
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Feld Peter A
CENTRAL INDEX KEY: 0001410600
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-21393
FILM NUMBER: 111241354
MAIL ADDRESS:
STREET 1: RAMIUS CAPITAL GROUP
STREET 2: 599 LEXINGTON AVE., 21ST FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SEACHANGE INTERNATIONAL INC
CENTRAL INDEX KEY: 0001019671
STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
IRS NUMBER: 043197974
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0131
BUSINESS ADDRESS:
STREET 1: 50 NAGOG PARK
CITY: ACTON
STATE: MA
ZIP: 01720
BUSINESS PHONE: 9788970100
MAIL ADDRESS:
STREET 1: 50 NAGOG PARK
CITY: ACTON
STATE: MA
ZIP: 01720
4
1
rrd327129.xml
11/30/2011 RSU GRANT
X0304
4
2011-11-30
0
0001019671
SEACHANGE INTERNATIONAL INC
SEAC
0001410600
Feld Peter A
STARBOARD VALUE LP
599 LEXINGTON AVE., 19TH FLOOR
NEW YORK
NY
10022
1
0
0
0
Common Stock
2011-11-30
4
A
0
12000
0
A
36000
D
Common Stock
386520
I
By Starboard Value LP
Common Stock
2252822
I
By Starboard Value and Opportunity Fund Ltd.
The securities awarded on November 30, 2011 are in the form of restricted stock units (RSUs) issued pursuant to the Corporation's 2011 Compensation and Incentive Plan that entitle the reporting person to receive one (1) share of common stock per RSU. The RSUs will vest, and the underlying common stock will issue, ratably over three years. The first tranche will vest on December 1, 2012, with an equal number of shares vesting on December 1, 2013 and the balance of the shares vesting on December 1, 2014.
Shares owned directly by Starboard Value LP ("Starboard"). The Reporting Person, soley by virtue of his position with Starboard and as a director of the Issuer, may be deemed to beneficially own the shares owned directly by Starboard Value, for pusposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Shares owned Starboard Value and Opportunity Fund Ltd ("Value and Opportunity Fund"). The Reporting Person, solely by virtue of his position with Starboard, the sole member of the investment manager of Value and Opportunity Fund, and as a director of the Issuer, may be deemed to beneficially own the shares owned directly by Value and Opportunity Fund for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
/s/ Peter A. Feld
2011-12-02