Kevin Riley - Nov 30, 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
Chief Technology Officer
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Kevin W. Riley
Stock symbol
AVID
Transactions as of
Nov 30, 2021
Transactions value $
-$116,955
Form type
4
Date filed
12/1/2021, 03:02 PM
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability -$117K -3.65K -9.48% $32.06 34.8K Nov 30, 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 30, 2021 of 33.33% of the restricted stock units awarded on November 30, 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.