Lior Netzer - Nov 2, 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
SVP & GM, Media & Cloud
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Lior Netzer
Stock symbol
AVID
Transactions as of
Nov 2, 2021
Transactions value $
-$197,282
Form type
4
Date filed
11/3/2021, 04:41 PM
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability -$197K -6.71K -11.3% $29.41 52.6K Nov 2, 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.