0001534001-14-000002.txt : 20140516 0001534001-14-000002.hdr.sgml : 20140516 20140516171300 ACCESSION NUMBER: 0001534001-14-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140514 FILED AS OF DATE: 20140516 DATE AS OF CHANGE: 20140516 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: 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Duva Jason A CENTRAL INDEX KEY: 0001534001 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36254 FILM NUMBER: 14852384 MAIL ADDRESS: STREET 1: AVID TECHNOLOGY, INC. STREET 2: 75 NETWORK DRIVE CITY: BURLINGTON STATE: MA ZIP: 01803 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2014-05-14 0000896841 AVID TECHNOLOGY, INC. AVID 0001534001 Duva Jason A AVID TECHNOLOGY, INC. 75 NETWORK DRIVE BURLINGTON MA 01803 0 1 0 1 VP & General Counsel Corporate Secretary Employee Stock Option (Right to Buy) 7.82 2014-05-14 4 A 0 105000 0 A 2021-05-14 Common Stock 105000 105000 D Employee Stock Option (Right to Buy) 7.40 2014-05-14 4 A 0 105000 0 A 2021-05-14 Common Stock 105000 105000 D The option vests as follows: (i) on the date the Company's registration statement covering the exercise of the option is effective (the "Effective Date") the vested number of shares shall equal (A) 33.33% of the shares plus (B) an additional 8.25% of the shares for each three-month period, starting from February 12, 2014 that is completed on or before the Effective Date, and (ii) thereafter the shares shall vest in equal installments of 8.25% of the shares upon the conclusion of each three-month period (starting from February 12, 2014) that ends after the Effective Date; provided that the officer is employed by the Company on such vesting date. The option vests as follows: (i) on the later of the Effective Date or February 12, 2015, the vested number of shares shall equal (A) 33.33% of the shares plus (B) an additional 8.25% of the shares for each three-month period, if any, starting from February 12, 2015, that is completed on or before the Effective Date, and (ii) thereafter the shares shall vest in equal installments of 8.25% of the shares upon the conclusion of each three-month period (starting from February 12, 2015) that ends after the Effective Date; provided that the officer is employed by the Company on such vesting date. /s/ John S. LaMountain as Attorney-in-Fact for Jason A. Duva 2014-05-16