Jeff Rosica - Dec 26, 2021 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
CEO & President, Director
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Jeff Rosica
Stock symbol
AVID
Transactions as of
Dec 26, 2021
Transactions value $
-$267,007
Form type
4
Date filed
12/27/2021, 04:17 PM
Previous filing
Dec 16, 2021
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability -$267K -8.38K -0.78% $31.87 1.07M Dec 26, 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 26, 2021 of 8.33% of the restricted stock units awarded on March 26, 2018. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.