Timothy Claman - May 22, 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 22, 2021
Transactions value $
-$16,585
Form type
4
Date filed
5/25/2021, 09:05 AM
Previous filing
May 18, 2021
Next filing
Jun 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability -$16.6K -539 -0.55% $30.77 97.6K May 22, 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.