MICHELLE MUNSON - 17 May 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
Director
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Michelle Munson
Issuer symbol
AVID
Transactions as of
17 May 2021
Net transactions value
+$134,988
Form type
4
Filing time
19 May 2021, 16:18:50 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Award $134,988 +4,994 +20% $27.03 29,861 17 May 2021 Direct F1
* 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.