-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, V07OLenLHDNOuR09huWluVkoN80HzHJ3W+FaqjCZ2gbMr0wvPurCiZegWpi41dFX Pjb2QxWYoCg6nJQ+MYSidQ== 0001256979-08-000005.txt : 20080129 0001256979-08-000005.hdr.sgml : 20080129 20080129120028 ACCESSION NUMBER: 0001256979-08-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080128 FILED AS OF DATE: 20080129 DATE AS OF CHANGE: 20080129 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AVID TECHNOLOGY INC CENTRAL INDEX KEY: 0000896841 STANDARD INDUSTRIAL CLASSIFICATION: PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861] IRS NUMBER: 042977748 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: METROPOLITAN TECHNOLOGY PARK STREET 2: ONE PARK WEST CITY: TEWKSBURY STATE: MA ZIP: 01876 BUSINESS PHONE: 9786406789 MAIL ADDRESS: STREET 1: METROPOLITAN TECHNOLOGY PARK STREET 2: ONE PARK WEST CITY: TEWKSBURY STATE: MA ZIP: 01876 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SEXTON KEN CENTRAL INDEX KEY: 0001256979 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21174 FILM NUMBER: 08556703 BUSINESS ADDRESS: STREET 1: PEREGRINE SYSTEMS INC STREET 2: 3611 VALLEY CENTRE DRIVE CITY: SAN DIEGO STATE: CA ZIP: 92130 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2008-01-28 0000896841 AVID TECHNOLOGY INC AVID 0001256979 SEXTON KEN 520 BRISTOL DRIVE AURORA OH 44202 0 1 0 0 Executive Vice President Common Stock 2008-01-28 4 A 0 50000 0 A 50000 D Employee Stock Option (Right to Buy) 26.15 2008-01-28 4 A 0 260000 0 A 2015-01-28 Common Stock 260000 260000 D Represents restricted stock award which shall vest on a time-based schedule in equal 6.25% increments every three (3) months, as long as Mr. Sexton is still employed by the Company on each such vesting date. 50,000 shares of stock will vest on a time-based schedule in equal 6.25% increments every three (3) months, with the first vesting date on April 28, 2008 and the last vesting date on January 28, 2012, as long as Mr. Sexton is still employed by the Company on each such vesting date; 100,000 shares will vest on a performance-based schedule tied to the Company's stock price; and 110,000 shares will vest on a performance-based schedule tied to the Company's stock price or the achievement of certain financial metrics. /s/ Kenneth A. Sexton 2008-01-29 -----END PRIVACY-ENHANCED MESSAGE-----