Tom J. A. Cordiner - Dec 15, 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Tom Cordiner
Stock symbol
AVID
Transactions as of
Dec 15, 2021
Transactions value $
-$132,065
Form type
4
Date filed
12/16/2021, 06:22 PM
Previous filing
Nov 18, 2021
Next filing
Mar 16, 2022

Transactions Table

* 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 performance-based RSUs awarded on March 15, 2019. 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.
F3 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.