Jeff Rosica - 26 Sep 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC.

Role
CEO & President, Director
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Jeff Rosica
Issuer symbol
N/A
Transactions as of
26 Sep 2021
Net transactions value
-$244,525
Form type
4
Filing time
27 Sep 2021, 16:17:34 UTC
Previous filing
17 Sep 2021
Next filing
16 Dec 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 $244,525 -8,377 -0.77% $29.19 1,084,730 26 Sep 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 September 26, 2021 of 8.33% of the restricted stock units awarded on March 26, 2018. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.