Mariesa Victoria - Jul 11, 2022 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Mariesa Victoria
Stock symbol
AVID
Transactions as of
Jul 11, 2022
Transactions value $
$0
Form type
4
Date filed
7/12/2022, 04:55 PM
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Award $0 +7.79K $0.00 7.79K Jul 11, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.