Garrard Brown - 07 Jan 2022 Form 4 Insider Report for AVID TECHNOLOGY, INC.

Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Garrard Brown
Issuer symbol
N/A
Transactions as of
07 Jan 2022
Net transactions value
-$30,027
Form type
4
Filing time
10 Jan 2022, 16:20:21 UTC
Previous filing
16 Dec 2021
Next filing
16 Mar 2022

Quoteable Key Fact

"Garrard Brown filed Form 4 for AVID TECHNOLOGY, INC. on 10 Jan 2022."

Quick Takeaways

  • This page summarizes Garrard Brown's Form 4 filing for AVID TECHNOLOGY, INC..
  • 1 reported transaction and 0 derivative rows are listed below.
  • Filing timestamp: 10 Jan 2022, 16:20.

What Changed

  • Previous filing in this sequence was filed on 16 Dec 2021.
  • Current net transaction value: -$30,027.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

AVID transaction

Common Stock

Tax liability

Transaction value
$30,027
Shares
-1,034
Change %
-2.8%
Price
$29.04
Shares after
36,524
Date
07 Jan 2022
Ownership
Direct
Footnotes
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 January 7, 2022 of 8.34% of the restricted stock units awarded on October 7, 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.
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