Kevin W. Riley - 31 May 2022 Form 4 Insider Report for AVID TECHNOLOGY, INC.

Role
Chief Technology Officer
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Kevin W. Riley
Issuer symbol
N/A
Transactions as of
31 May 2022
Net transactions value
-$26,712
Form type
4
Filing time
01 Jun 2022, 18:24:27 UTC
Previous filing
16 Mar 2022
Next filing
16 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability $26,712 -912 -1.9% $29.29 47,540 31 May 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 May 31, 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.