Timothy Claman - Feb 22, 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 22, 2022
Transactions value $
-$17,319
Form type
4
Date filed
2/23/2022, 03:11 PM
Previous filing
Feb 2, 2022
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 -$17.3K -580 -0.67% $29.86 86.5K Feb 22, 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 22, 2022 of 8.33% of the restricted stock units awarded on May 22, 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.