Kevin W. Riley - 15 Jun 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
15 Jun 2022
Net transactions value
-$13,081
Form type
4
Filing time
16 Jun 2022, 18:51:57 UTC
Previous filing
01 Jun 2022
Next filing
01 Sep 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 $13,081 -509 -1.1% $25.70 47,031 15 Jun 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 June 15, 2022 of 8.34% of the restricted stock units awarded on March 15, 2021. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.