Marc DeBevoise - 04 Apr 2022 Form 4 Insider Report for BRIGHTCOVE INC

Signature
/s/ Christopher Keenan, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
04 Apr 2022
Net transactions value
$0
Form type
4
Filing time
05 Apr 2022, 16:23:34 UTC
Previous filing
05 Apr 2022
Next filing
10 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCOV Common Stock Award $0 +300,000 $0.000000 300,000 04 Apr 2022 Direct F1
transaction BCOV Common Stock Award $0 +500,000 +167% $0.000000 800,000 04 Apr 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired pursuant to a restricted stock unit award under the Brightcove Inc. 2022 Inducement Plan. Each restricted stock unit represents a contingent right to receive one share of Brightcove Inc. common stock. The restricted stock units vest in three equal annual installments beginning on March 28, 2023.
F2 These shares were acquired pursuant to a performance-based restricted stock unit award under the Brightcove Inc. 2022 Inducement Plan. Each restricted stock unit represents a contingent right to receive one share of Brightcove Inc. common stock. The restricted stock units vest upon the achievement of certain Brightcove Inc. stock-price based performance metrics within four years beginning on March 28, 2022.