-----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, TRvOw2hWc9w6wIa+/Acw9999dTMnD9VgdK2OeF5IDK/PoLFhyG88pjgT6Unpe24I Xb3AnAGcKhdlbVvUPngyOw== 0001256979-10-000006.txt : 20100304 0001256979-10-000006.hdr.sgml : 20100304 20100304163304 ACCESSION NUMBER: 0001256979-10-000006 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100302 FILED AS OF DATE: 20100304 DATE AS OF CHANGE: 20100304 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: 10657604 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: 0209 BUSINESS ADDRESS: STREET 1: ONE PARK WEST CITY: TEWKSBURY STATE: MA ZIP: 01876 BUSINESS PHONE: 9786406789 MAIL ADDRESS: STREET 1: ONE PARK WEST CITY: TEWKSBURY STATE: MA ZIP: 01876 FORMER COMPANY: FORMER CONFORMED NAME: AVID TECHNOLOGY INC DATE OF NAME CHANGE: 19930203 4 1 edgar.xml PRIMARY DOCUMENT X0303 4 2010-03-02 0000896841 AVID TECHNOLOGY, INC. AVID 0001256979 SEXTON KEN 520 BRISTOL DRIVE AURORA OH 44202 0 1 0 0 EVP, CFO & CAO Employee Stock Option (Right to Buy) 13.99 2010-03-02 4 A 0 75000 0 A 2011-03-02 2017-03-02 Common Stock 75000 75000 D Performance Rights (Restricted Stock Units) 2010-03-02 4 A 0 25000 0 A 2021-03-31 Common Stock 25000 25000 D 25% of the shares underlying the option vest on the date listed; the remaining 75% vest in 36 equal monthly installments thereafter. Each restricted stock unit represents a contingent right to receive one share of AVID common stock. The restricted stock units vest on a performance-based schedule tied to AVID's stock price or the achievement of certain financial metrics. This award includes a provision for the withholding of shares to pay the withholding taxes due on the vesting date. /s/ John S. LaMountain as Attorney-in-Fact for Kenneth A. Sexton 2010-03-04 -----END PRIVACY-ENHANCED MESSAGE-----