Garrard Brown - Oct 7, 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
Chief Accounting Officer & VP
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Garrard Brown
Stock symbol
AVID
Transactions as of
Oct 7, 2021
Transactions value $
-$28,078
Form type
4
Date filed
10/12/2021, 04:01 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 -$28.1K -923 -2.36% $30.42 38.2K Oct 7, 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 October 7, 2021 of 8.33% of the restricted stock units awarded on October 7, 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.