0001209191-17-007304.txt : 20170202 0001209191-17-007304.hdr.sgml : 20170202 20170202185111 ACCESSION NUMBER: 0001209191-17-007304 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170131 FILED AS OF DATE: 20170202 DATE AS OF CHANGE: 20170202 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Faubert Peter R. CENTRAL INDEX KEY: 0001679086 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21393 FILM NUMBER: 17569834 MAIL ADDRESS: STREET 1: 50 NAGOG PARK CITY: ACTON STATE: MA ZIP: 01720 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-01-31 0 0001019671 SEACHANGE INTERNATIONAL INC SEAC 0001679086 Faubert Peter R. C/O SEACHANGE INTERNATIONAL, INC. 50 NAGOG PARK ACTON MA 01720 0 1 0 0 Chief Financial Officer Common Stock 2017-01-31 4 A 0 20088 0.00 A 20088 D Performance Rights 2017-01-31 4 A 0 40175 0.00 A 2020-01-31 Common Stock 40175 40175 D Incentive Stock Option (right to buy) 2.42 2017-01-31 4 A 0 42469 2.42 A 2018-01-31 2027-01-31 Common Stock 42469 42469 D The securities awarded on January 31, 2017 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 at the rate of 33.33% on each of the first and second anniversary of January 31, 2017 with the balance to be vested on the third anniversary of January 31, 2017. Each performance right represents a contingent right to receive up to 1.5 shares of SeaChange common stock. The performance rights vest pursuant to the terms of the applicable Performance Stock Unit Agreement based on SeaChange's relative TSR percentile rank to the Standard & Poor's SmallCap 600 Index. One third of the stock options will vest annually on January 31, 2018, January 31, 2019 and January 31, 2020. /s/ Peter R. Faubert 2017-02-02