Jeff Rosica - 26 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
26 Dec 2021
Net transactions value
-$267,007
Form type
4
Filing time
27 Dec 2021, 16:17:47 UTC
Previous filing
16 Dec 2021
Next filing
16 Mar 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 $267,007 -8,378 -0.78% $31.87 1,070,570 26 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 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.