David Toomey - Sep 15, 2022 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role: SVP & GM Audio and Music
Signature: /s/ Jacob Coffman Adams as Attorney-in-Fact for David Toomey
Stock symbol: AVID
Transactions as of: Sep 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 9/19/2022, 05:46 PM
Next filing: Mar 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVID	Common Stock	Award	$0	+25.2K		$0.00	25.2K	Sep 15, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 25,231 restricted stock units ("RSUs") from an award granted on September 15, 2022, that will vest on a time-based schedule as follows: 33.33% on September 15, 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.

Content

Includes 25,231 restricted stock units ("RSUs") from an award granted on September 15, 2022, that will vest on a time-based schedule as follows: 33.33% on September 15, 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.