Kevin Riley - Feb 28, 2022 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
Chief Technology Officer
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Kevin W. Riley
Stock symbol
AVID
Transactions as of
Feb 28, 2022
Transactions value $
-$32,121
Form type
4
Date filed
3/1/2022, 03:35 PM
Previous filing
Dec 1, 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 -$32.1K -1.02K -2.93% $31.46 33.8K Feb 28, 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 28, 2022 of 8.34% of the restricted stock units awarded on November 30, 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.