-----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, Jp9walrcJD09TzkrNFRdz6SKx0UCB/lhCA9fti9BCO18ASfyTt/FIwh92HVZAYdS IoHSshHgkrmE/wBm4WR04Q== 0001256979-11-000002.txt : 20110218 0001256979-11-000002.hdr.sgml : 20110218 20110218150102 ACCESSION NUMBER: 0001256979-11-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110216 FILED AS OF DATE: 20110218 DATE AS OF CHANGE: 20110218 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: 11624194 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: 75 NETWORK DRIVE CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 978.640.6789 MAIL ADDRESS: STREET 1: 75 NETWORK DRIVE CITY: BURLINGTON STATE: MA ZIP: 01803 FORMER COMPANY: FORMER CONFORMED NAME: AVID TECHNOLOGY INC DATE OF NAME CHANGE: 19930203 4 1 edgar.xml PRIMARY DOCUMENT X0303 4 2011-02-16 0000896841 AVID TECHNOLOGY, INC. AVID 0001256979 SEXTON KEN 520 BRISTOL DRIVE AURORA, OH 44202 0 1 0 0 EVP, CFO & CAO Common Stock 2011-02-16 4 A 0 37500 0 A 96252 D Performance Rights (Restricted Stock Units) 2011-02-16 4 A 0 37500 0 A 2022-03-31 Common Stock 37500 37500 D Represents restricted stock unit award that will vest on a time-based schedule as follows: 25% of the shares vest on the first anniversary of the grant date and the remaining 75% vest in equal 6.25% installments every three months thereafter ending on the fourth anniversary of the grant date as long as Mr. Sexton is still employed by the Company on each such vesting date. Each restricted stock unit represents a contingent right to receive one share of AVID common stock. This award includes a provision for the withholding of shares to pay the withholding taxes due on each vesting date. Represents restricted stock unit award that will vest on a performance-based schedule tied to AVID's stock price or the achievement of certain financial metrics. Each restricted stock unit represents a contingent right to receive one share of AVID common stock. This award includes a provision for the withholding of shares to pay the withholding taxes due on each vesting date. /s/ John S. LaMountain as Attorney-in-Fact for Kenneth A. Sexton 2011-02-18 -----END PRIVACY-ENHANCED MESSAGE-----