Paula Boggs - Dec 1, 2022 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
Director
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Paula Boggs
Stock symbol
AVID
Transactions as of
Dec 1, 2022
Transactions value $
$0
Form type
4
Date filed
12/6/2022, 05:19 PM
Previous filing
May 19, 2022
Next filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Gift $0 -2.92K -2.58% $0.00 110K Dec 1, 2022 Direct F1
transaction AVID Common Stock Gift $0 -4.38K -3.97% $0.00 106K Dec 1, 2022 Direct F2
holding AVID Common Stock 16.5K Dec 1, 2022 Boggs LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 1, 2022, the reporting person gifted without the receipt of consideration 2,920 shares of the common stock to a third party charitable donor advised fund. The reporting person has no pecuniary interest in the donor advised fund and no beneficial ownership of such shares. The reporting person retains no voting or investment rights with respect to the shares gifted.
F2 On December 1, 2022, the reporting person gifted without the receipt of consideration 4,380 shares of the common stock to a third party charitable donor advised fund. The reporting person has no pecuniary interest in the donor advised fund and no beneficial ownership of such shares. The reporting person retains no voting or investment rights with respect to the shares gifted.
F3 The reporting person is the majority owner of Boggs LLC.