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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Common Stock | $ 7.57 (1) | 07/31/2012 | A | 6,250 | 01/31/2013 | 07/31/2019 | Common Stock | 6,250 | $ 7.57 | 6,250 | D | ||||
Common Stock | $ 9.05 (2) | 10/31/2012 | A | 6,250 | 01/31/2013 | 10/31/2019 | Common Stock | 6,250 | $ 9.05 | 6,250 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BORNAK MICHAEL D C/O SEACHANGE INTERNATIONAL, INC. 50 NAGOG PARK ACTON, MA 01720 |
Chief Financial Officer |
/s/Michael D. Bornak | 12/14/2012 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The option was granted on July 31, 2012 based on a determination on such date that certain performance criteria for the issuer's fiscal quarter ended July 31, 2012 had been met. The exercise price of the option is the last reported sale price of the issuer's common stock on July 31, 2012, which is a price in excess of the fair market value of the issuer's common stock on the date of grant. |
(2) | The option was granted on October 31, 2012 based on a determination on such date that certain performance criteria for the issuer's fiscal quarter ended October 31, 2012 had been met. The exercise price of the option is the last reported sale price of the issuer's common stock on October 31, 2012, which is a price in excess of the fair market value of the issuer's common stock on the date of grant. |