-----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, PbDoBWt68aAn1rycwzFcBawMDfBDQI1BNGOTjMvP9v4Xw3tQvUb2XXpENHeOtcFf yVqT1U8KX4sLKgrTSekFrA== 0001443537-08-000005.txt : 20080826 0001443537-08-000005.hdr.sgml : 20080826 20080826130125 ACCESSION NUMBER: 0001443537-08-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080825 FILED AS OF DATE: 20080826 DATE AS OF CHANGE: 20080826 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lawrence Glover CENTRAL INDEX KEY: 0001443537 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21174 FILM NUMBER: 081038635 BUSINESS ADDRESS: BUSINESS PHONE: 978-640-3302 MAIL ADDRESS: STREET 1: AVID TECHNOLOGY, INC. STREET 2: ONE PARK WEST CITY: TEWKSBURY STATE: MA ZIP: 01876 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 X0303 4 2008-08-25 0000896841 AVID TECHNOLOGY INC AVID 0001443537 Lawrence Glover ONE PARK WEST TEWKSBURY MA 01876 0 1 0 0 VP of Corporate Development Common Stock 2008-08-25 4 A 0 5000 0 A 0 D Employee Stock Option (Right to Buy) 23.10 2008-08-25 4 A 0 45000 0 A 2015-08-25 Common Stock 45000 45000 D Represents restricted stock unit award that will vest in four equal annual installments. 10,000 shares of stock will vest on a time-based schedule over four years. 12.5% of the shares vest on the date that is six months after the grant date, the remaining shares vest in equal monthly installments beginning on the date that is seven months after the grant date. 20,000 shares will vest on a performance-based schedule tied to the Company's stock price. 15,000 shares will vest on a performance-based schedule tied to the Company's stock price or the achievement of certain financial metrics. /s/ John LaMountain as Power of Attorney for Glover Lawrence 2008-08-26 -----END PRIVACY-ENHANCED MESSAGE-----