NANCY HAWTHORNE - 17 Dec 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC.

Role: Director
Signature: /s/ Alessandra Melloni as Attorney-in-Fact for Nancy Hawthorne
Issuer symbol: N/A
Transactions as of: 17 Dec 2021
Net transactions value: -$157,149
Form type: 4
Filing time: 20 Dec 2021, 15:06:47 UTC
Previous filing: 16 Dec 2021
Next filing: 19 May 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	Sale	$157,149	-5,223	-4.3%	$30.09	116,026	17 Dec 2021	Direct	F1, F2

* 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 17, 2021 in multiple transactions at prices ranging from $30.00 to $30.14, 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 17, 2021 in multiple transactions at prices ranging from $30.00 to $30.14, 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.