Nancy Hawthorne - Dec 10, 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role: Director
Signature: /s/ Alessandra Melloni as Attorney-in-Fact for Nancy Hawthorne
Stock symbol: AVID
Transactions as of: Dec 10, 2021
Transactions value $: -$168,832
Form type: 4
Date filed: 12/13/2021, 03:08 PM
Previous filing: Sep 29, 2021
Next filing: Dec 14, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVID	Common Stock	Sale	-$166K	-5.12K	-3.87%	$32.31	127K	Dec 10, 2021	Direct	F1, F2
transaction	AVID	Common Stock	Sale	-$3.33K	-100	-0.08%	$33.30	127K	Dec 10, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2021.
F2	The price reported in Column 4 is a weighted average price. The shares were disposed on December 10, 2021 in multiple transactions at prices ranging from $31.95 to $32.94, inclusive. The reporting person undertakes to provide to any security holder of Avid Technology, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Content

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2021.

The price reported in Column 4 is a weighted average price. The shares were disposed on December 10, 2021 in multiple transactions at prices ranging from $31.95 to $32.94, inclusive. The reporting person undertakes to provide to any security holder of Avid Technology, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.