Timothy Claman - 15 Jun 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
15 Jun 2021
Net transactions value
-$61,591
Form type
4
Filing time
17 Jun 2021, 16:05:06 UTC
Previous filing
25 May 2021
Next filing
19 Jul 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 $61,591 -1,693 -1.7% $36.38 95,938 15 Jun 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 June 15, 2021 of 100% of the restricted stock units awarded on June 15, 2020. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.