0001270266-13-000002.txt : 20130213 0001270266-13-000002.hdr.sgml : 20130213 20130213161819 ACCESSION NUMBER: 0001270266-13-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130211 FILED AS OF DATE: 20130213 DATE AS OF CHANGE: 20130213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HERNANDEZ LOUIS JR CENTRAL INDEX KEY: 0001270266 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21174 FILM NUMBER: 13603397 MAIL ADDRESS: STREET 1: 300 WINDING BROOK DRI VE CITY: GLASTONBURY STATE: CT ZIP: 06033 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AVID TECHNOLOGY, INC. CENTRAL INDEX KEY: 0000896841 STANDARD INDUSTRIAL CLASSIFICATION: PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861] IRS NUMBER: 042977748 STATE OF INCORPORATION: DE FISCAL YEAR END: 1019 BUSINESS ADDRESS: STREET 1: 75 NETWORK DRIVE CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 978.640.6789 MAIL ADDRESS: STREET 1: 75 NETWORK DRIVE CITY: BURLINGTON STATE: MA ZIP: 01803 FORMER COMPANY: FORMER CONFORMED NAME: AVID TECHNOLOGY INC DATE OF NAME CHANGE: 19930203 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2013-02-11 0000896841 AVID TECHNOLOGY, INC. AVID 0001270266 HERNANDEZ LOUIS JR AVID TECHNOLOGY, INC. 75 NETWORK DRIVE BURLINGTON MA 01803 1 1 0 0 President & CEO Common Stock 2013-02-11 4 A 0 100000 7.87 A 116000 D Employee Stock Option (Right to Buy) 7.87 2013-02-11 4 A 0 100000 0 A 2020-02-11 Common Stock 100000 100000 D Represents restricted stock unit award that will vest on a time-based schedule as follows: 25% of the shares vest on the first anniversary of the grant date and the remaining 75% of the shares vest in equal 6.25% installments every three months thereafter ending on the fourth anniversary of the grant date provided the Reporting Person is still employed by the Company on each such vesting date. Each restricted stock unit represents a contingent right to receive one share of AVID common stock. This award includes a provision for the withholding of shares by the Issuer to pay the withholding taxes due on each vesting date. The option vests in equal 6.25% increments every three months, with the first vesting date on May 11, 2013, provided the Reporting Person is still employed by the Company on each such vesting date. /s/ John S. LaMountain as Attorney-in-Fact for Louis Hernandez, Jr. 2013-02-13