Timothy Claman - May 15, 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
SVP & GM Video Post & Storage
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Timothy Claman
Stock symbol
AVID
Transactions as of
May 15, 2021
Transactions value $
-$10,096
Form type
4
Date filed
5/18/2021, 04:28 PM
Next filing
May 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability -$10.1K -369 -0.37% $27.36 98.2K May 15, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on May 15, 2021 of 8.33% of the restricted stock units awarded on November 15, 2018. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.