DAVID NICOL - 14 May 2021 Form 4 Insider Report for SEACHANGE INTERNATIONAL INC (SEAC)

Role
Director
Signature
/s/ David J. Nicol
Issuer symbol
SEAC
Transactions as of
14 May 2021
Transactions value $
$0
Form type
4
Filing time
18 May 2021, 17:27:22 UTC
Next filing
12 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAC Common Stock Award $0 +95.2K $0.00 95.2K 14 May 2021 Direct F1
transaction SEAC Common Stock Award $0 +47.6K +50% $0.00 143K 14 May 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units (RSUs) issued pursuant to SeaChange International Inc.'s Second Amended and Restated 2011 Compensation and Incentive Plan. The shares subject to the RSU award will vest in three equal installments on each of May 14, 2022, May 14, 2023 and May 14, 2024.
F2 Represents restricted stock units (RSUs) issued pursuant to SeaChange International Inc.'s Second Amended and Restated 2011 Compensation and Incentive Plan. The shares subject to the RSU award shall vest on the earlier to occur of (i) July 9, 2021, (ii) the date of the SeaChange International, Inc.'s 2021 Annual Meeting of Stockholders or (iii) a change in control of SeaChange International, Inc.