Timothy Claman - 01 Nov 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
01 Nov 2021
Net transactions value
-$104,477
Form type
4
Filing time
02 Nov 2021, 16:02:57 UTC
Previous filing
25 Oct 2021
Next filing
16 Nov 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 $104,477 -3,567 -3.8% $29.29 89,206 01 Nov 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 November 1, 2021 of 33.33% of the restricted stock units awarded on November 1, 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.