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

Role
Chief Technology Officer & SVP
Signature
/s/ Jacob Adams as Attorney-in-Fact for Kevin Riley
Stock symbol
AVID
Transactions as of
Dec 15, 2022
Transactions value $
-$12,954
Form type
4
Date filed
12/16/2022, 04:53 PM
Previous filing
Dec 1, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability -$13K -509 -1.14% $25.45 44.2K Dec 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 December 15, 2022 of 8.34% 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.