Timothy Claman - 01 Nov 2022 Form 4 Insider Report for AVID TECHNOLOGY, INC.

Role
SVP & GM Video & Media
Signature
/s/ Jacob Adams as Attorney-in-Fact for Timothy Claman
Issuer symbol
N/A
Transactions as of
01 Nov 2022
Net transactions value
-$24,699
Form type
4
Filing time
02 Nov 2022, 18:40:07 UTC
Previous filing
25 Oct 2022
Next filing
16 Dec 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 $24,699 -892 -0.94% $27.69 93,702 01 Nov 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 November 1, 2022 of 8.33% of the restricted stock units awarded on November 1, 2020. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.