TIMOTHY CLAMAN - 22 May 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC.

Role
SVP & GM Video Post & Storage
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Timothy Claman
Issuer symbol
N/A
Transactions as of
22 May 2021
Net transactions value
-$16,585
Form type
4
Filing time
25 May 2021, 09:05:05 UTC
Previous filing
18 May 2021
Next filing
17 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability $16,585 -539 -0.55% $30.77 97,631 22 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 shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on May 22, 2021 of 8.33% of the restricted stock units awarded on May 22, 2019. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.