Christoph Klimmer - 27 Sep 2023 Form 4 Insider Report for SEACHANGE INTERNATIONAL INC

Signature
/s/ Christoph Klimmer
Issuer symbol
N/A
Transactions as of
27 Sep 2023
Net transactions value
$0
Form type
4
Filing time
29 Sep 2023, 19:10:05 UTC
Previous filing
25 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAC Common Stock Award $0 +21,689 +121% $0.000000 39,616 27 Sep 2023 Direct F1, 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 Amended and Restated 2021 Compensation and Incentive Plan. The shares subject to the RSU award will vest in three equal installments on each of September 27, 2023, September 27, 2024 and September 27, 2025. In the event of a Change in Control of the Company, these RSUs shall vest in their entirety immediately before the Change in Control of the Company.
F2 The amount of shares beneficially owned has been adjusted to reflect the 1-for-20 reverse split of the shares that occurred on May 22, 2023.