PETER D. AQUINO - 27 Sep 2021 Form 4 Insider Report for SEACHANGE INTERNATIONAL INC (SEAC)

Role
President and C.E.O., Director
Signature
/s/ Peter D. Aquino
Issuer symbol
SEAC
Transactions as of
27 Sep 2021
Transactions value $
$0
Form type
4
Filing time
29 Sep 2021, 16:41:12 UTC
Previous filing
23 Jul 2021
Next filing
28 Oct 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 +300K $0.00 300K 27 Sep 2021 Direct F1
transaction SEAC Common Stock Award $0 +300K +100% $0.00 600K 27 Sep 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 2021 Compensation and Incentive Plan. The shares subject to the RSU award will vest in three equal installments on each of September 27, 2022, September 27, 2023 and September 27, 2024.
F2 Represents performance-based restricted stock units (RSUs) issued pursuant to SeaChange International Inc.'s 2021 Compensation and Incentive Plan. The shares subject to the performance-based RSU award will vest in 12 equal quarterly installments on beginning on December 27, 2021 and ending on September 27, 2024, based on SeaChange's attainment of certain financial metrics.