Garrard Brown - 15 Dec 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC.

Role
Chief Accounting Officer & VP
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Garrard Brown
Issuer symbol
N/A
Transactions as of
15 Dec 2021
Net transactions value
-$18,435
Form type
4
Filing time
16 Dec 2021, 18:22:34 UTC
Previous filing
12 Oct 2021
Next filing
10 Jan 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 $18,435 -592 -1.6% $31.14 37,558 15 Dec 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 December 15, 2021 of 8.33% of the restricted stock units awarded on March 15, 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.