0001181431-12-027093.txt : 20120502 0001181431-12-027093.hdr.sgml : 20120502 20120502183938 ACCESSION NUMBER: 0001181431-12-027093 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120430 FILED AS OF DATE: 20120502 DATE AS OF CHANGE: 20120502 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RAU RAGHAVENDRA CENTRAL INDEX KEY: 0001492898 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21393 FILM NUMBER: 12806846 MAIL ADDRESS: STREET 1: 5632 RUTGERS ROAD CITY: LA JOLLA STATE: CA ZIP: 92037 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 rrd343779.xml OFFER PACKAGE X0305 4 2012-04-30 0 0001019671 SEACHANGE INTERNATIONAL INC SEAC 0001492898 RAU RAGHAVENDRA C/O SEACHANGE INTERNATIONAL 50 NAGOG PARK ACTON MA 01720 0 1 0 0 Chief Executive Officer Common Stock 2012-04-30 4 A 0 60827 0 A 144807 D Non-Qualified Stock Option (right to buy) 8.22 2012-04-30 4 A 0 875000 0 A 2012-06-01 2019-04-30 Common Stock 875000 875000 D The securities awarded on March 30, 2012 are in the form of restricted stock units (RSUs) issued pursuant to the SeaChange International, Inc. 2011 Compensation and Incentive Plan (the "2011 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 and to be vested at the rate of 33.33% on each of the first and second anniversary of May 1, 2012, with the balance to be vested on May 1, 2015. The options shall vest in increments based upon the closing price of SeaChange's common stock, provided; that if on May 1, 2015 less than 437,500 options have vested pursuant to stock price vesting terms, then an additional number of options shall vest on such date such that the total number of vested options under the award shall equal 437,500 (and all remaining unvested options shall thereupon expire). /s/ Raghu Rau 2012-05-02