-----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, QTB1qx5PcG3SgIXw+pjkV7VTVM/iqrQ+FThw0bKkZMctYWgZIOouWBYcbDsQ1tkh kdLn02GR53N3KZnQ4KIEBA== 0001383760-08-000002.txt : 20080305 0001383760-08-000002.hdr.sgml : 20080305 20080305174423 ACCESSION NUMBER: 0001383760-08-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080303 FILED AS OF DATE: 20080305 DATE AS OF CHANGE: 20080305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Estes Gregory A CENTRAL INDEX KEY: 0001383760 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21174 FILM NUMBER: 08668912 BUSINESS ADDRESS: BUSINESS PHONE: 978-640-3302 MAIL ADDRESS: STREET 1: 18757 ASPESI DRIVE CITY: SARATOGA STATE: CA ZIP: 95070 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 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2008-03-03 0000896841 AVID TECHNOLOGY INC AVID 0001383760 Estes Gregory A 18757 ASPESI DRIVE SARATOGO CA 95070 0 1 0 0 VP & Chief Marketing Officer Common Stock 2008-03-03 4 A 0 5400 0 A 5737 D Employee Stock Option (right to buy) 24.04 2008-03-03 4 A 0 12000 0 A 2008-09-03 2018-03-03 Common Stock 12000 12000 D Represents restricted stock unit award that includes 2,200 shares which will vest in four equal annual installments, and 3,200 shares which will vest on a performance-based schedule tied to the Company's stock price and/or the achievement of certain financial metrics. This award includes a provision for the automatic withholding of shares to satisfy the withholding tax liability on each vesting date. 12.5% of the option becomes exercisable on the date listed in the "Date Exercisable" column; the remaining 87.5% becomes exercisable in 42 equal monthly installments thereafter. /s/ John S. LaMountain as Power of Attorney for Gregory A. Estes 2008-03-05 -----END PRIVACY-ENHANCED MESSAGE-----