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

Role
CEO & President, Director
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Jeff Rosica
Stock symbol
AVID
Transactions as of
Sep 26, 2021
Transactions value $
-$244,525
Form type
4
Date filed
9/27/2021, 04:17 PM
Previous filing
Sep 17, 2021
Next filing
Dec 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability -$245K -8.38K -0.77% $29.19 1.08M Sep 26, 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.