Jeff Rosica - 15 Dec 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC.

Role
CEO & President, Director
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Jeff Rosica
Issuer symbol
N/A
Transactions as of
15 Dec 2021
Net transactions value
-$180,051
Form type
4
Filing time
16 Dec 2021, 18:23:30 UTC
Previous filing
27 Sep 2021
Next filing
27 Dec 2021
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 $180,051 -5,782 -0.53% $31.14 1,078,948 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.