0001512319-12-000003.txt : 20120228
0001512319-12-000003.hdr.sgml : 20120228
20120228164043
ACCESSION NUMBER: 0001512319-12-000003
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120224
FILED AS OF DATE: 20120228
DATE AS OF CHANGE: 20120228
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Vedda James M.
CENTRAL INDEX KEY: 0001512319
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-21174
FILM NUMBER: 12647853
MAIL ADDRESS:
STREET 1: 340 BEACON STREET
CITY: BOSTON
STATE: MA
ZIP: 02116
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: 1019
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
X0304
4
2012-02-24
0000896841
AVID TECHNOLOGY, INC.
AVID
0001512319
Vedda James M.
AVID TECHNOLOGY, INC.
75 NETWORK DRIVE
BURLINGTON
MA
01803
0
1
0
0
SVP of Worldwide Sales
Common Stock
2012-02-24
4
A
0
10000
0
A
17966
D
Employee Stock Option (Right to Buy)
11.71
2012-02-24
4
A
0
50000
0
A
2019-02-24
Common Stock
50000
50000
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% of the shares vest in equal 6.25% installments every three months thereafter ending on the fourth anniversary of the grant date provided the Reporting Person 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 by the Issuer to pay the withholding taxes due on each vesting date.
These shares will vest on a time-based schedule as follows: 25% of the shares will vest on the first anniversary of the grant date and the remaining 75% of the shares will vest in equal 6.25% installments every three months thereafter ending on the fourth anniversary of the grant date provided the Reporting Person is still employed by the Company on each such vesting date.
/s/ John S. LaMountain as Attorney-in-Fact for James M. Vedda
2012-02-28