Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | AVID | Common Stock | 7.79K | Jul 11, 2022 | Direct | F1 |
Id | Content |
---|---|
F1 | Includes 7,790 restricted stock units ("RSUs") from an award granted on July 11, 2022, that will vest on a time-based schedule as follows: 33.33% on July 11, 2023 and the remaining 66.67% of the RSUs shall vest in equal 8.33% installments every 3 months thereafter, provided the reporting person continues to be employed by Avid Technology, Inc. (the "Issuer") on each such vesting date. Each RSU represents the contingent right to receive one share of the Issuer's common stock. |