Lior Netzer - Feb 2, 2022 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
SVP & GM, Media & Cloud
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Lior Netzer
Stock symbol
AVID
Transactions as of
Feb 2, 2022
Transactions value $
-$56,697
Form type
4
Date filed
2/2/2022, 05:58 PM
Previous filing
Nov 3, 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 -$56.7K -1.88K -3.56% $30.19 50.9K Feb 2, 2022 Direct F1, F2
* 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 2, 2022 of 8.33% of the restricted stock units awarded on November 2, 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.
F2 Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available.