Peter D. Aquino - Sep 27, 2021 Form 4 Insider Report for SEACHANGE INTERNATIONAL INC (SEAC)

Role
President and C.E.O., Director
Signature
/s/ Peter D. Aquino
Stock symbol
SEAC
Transactions as of
Sep 27, 2021
Transactions value $
$0
Form type
4
Date filed
9/29/2021, 04:41 PM
Previous filing
Jul 23, 2021
Next filing
Oct 28, 2021

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 Sep 27, 2021 Direct F1
transaction SEAC Common Stock Award $0 +300K +100% $0.00 600K Sep 27, 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.