Timothy Claman - Feb 1, 2022 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
SVP & GM Video Post & Storage
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Timothy Claman
Stock symbol
AVID
Transactions as of
Feb 1, 2022
Transactions value $
-$31,088
Form type
4
Date filed
2/2/2022, 05:58 PM
Previous filing
Jan 24, 2022
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability -$31.1K -998 -1.13% $31.15 87.1K Feb 1, 2022 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 February 1, 2022 of 8.33% of the restricted stock units awarded on November 1, 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.