LIOR NETZER - 02 Nov 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC.

Role
SVP & GM, Media & Cloud
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Lior Netzer
Issuer symbol
N/A
Transactions as of
02 Nov 2021
Net transactions value
-$197,282
Form type
4
Filing time
03 Nov 2021, 16:41:50 UTC
Next filing
02 Feb 2022
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 $197,282 -6,708 -11% $29.41 52,637 02 Nov 2021 Direct F1, F2
* 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 2, 2021 of 33.33% of the restricted stock units awarded on November 2, 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.
F2 Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available.