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

Role
Chief Technology Officer
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Kevin W. Riley
Issuer symbol
N/A
Transactions as of
30 Nov 2021
Net transactions value
-$116,955
Form type
4
Filing time
01 Dec 2021, 15:02:33 UTC
Next filing
01 Mar 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 $116,955 -3,648 -9.5% $32.06 34,836 30 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 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.