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

Role
Chief Technology Officer & SVP
Signature
/s/ Jacob Adams as Attorney-in-Fact for Kevin Riley
Issuer symbol
N/A
Transactions as of
15 Dec 2022
Net transactions value
-$12,954
Form type
4
Filing time
16 Dec 2022, 16:53:08 UTC
Previous filing
01 Dec 2022
Next filing
03 Mar 2023
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 $12,954 -509 -1.1% $25.45 44,190 15 Dec 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.