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