Robert M. Bakish - May 17, 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
Director
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Robert M. Bakish
Stock symbol
AVID
Transactions as of
May 17, 2021
Transactions value $
$134,988
Form type
4
Date filed
5/19/2021, 04:16 PM
Next filing
Jul 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Award $135K +4.99K +0.62% $27.03 812K May 17, 2021 Direct F1
holding AVID Common Stock 27K May 17, 2021 By Daughter F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units ("RSUs") that will vest in full on the earlier of the date of the Company's 2022 Annual Meeting or May 17, 2022. Each RSU represents the contingent right to receive one share of the Issuer's common stock.
F2 The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.