0001209191-17-007306.txt : 20170202
0001209191-17-007306.hdr.sgml : 20170202
20170202185201
ACCESSION NUMBER: 0001209191-17-007306
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: TERINO EDWARD
CENTRAL INDEX KEY: 0001185925
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-21393
FILM NUMBER: 17569840
MAIL ADDRESS:
STREET 1: 17 CANTERBURY ROAD
CITY: WINDHAM
STATE: NH
ZIP: 03087
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-01-31
0
0001019671
SEACHANGE INTERNATIONAL INC
SEAC
0001185925
TERINO EDWARD
C/O SEACHANGE INTERNATIONAL
50 NAGOG PARK
ACTON
MA
01720
1
1
0
0
Chief Executive Officer
Common Stock
2017-01-31
4
A
0
45744
0.00
A
276219
D
Performance Rights
2017-01-31
4
A
0
91488
0.00
A
2020-01-31
Common Stock
91488
91488
D
Incentive Stock Option (right to buy)
2.42
2017-01-31
4
A
0
96710
2.42
A
2018-01-31
2027-01-31
Common Stock
96710
96710
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/ Edward Terino
2017-02-02