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

Role
Chief Technology Officer
Signature
/s/ Jacob Adams as Attorney-in-Fact for Kevin Riley
Stock symbol
AVID
Transactions as of
Sep 15, 2022
Transactions value $
-$12,104
Form type
4
Date filed
9/19/2022, 05:54 PM
Previous filing
Sep 1, 2022
Next filing
Dec 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability -$12.1K -509 -1.1% $23.78 45.6K 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 Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on September 15, 2022 of 8.33% 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.