Kevin W. Riley - 28 Feb 2023 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
28 Feb 2023
Net transactions value
-$29,670
Form type
4
Filing time
03 Mar 2023, 07:36:56 UTC
Previous filing
16 Dec 2022
Next filing
17 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 $29,670 -1,021 -2.3% $29.06 43,169 28 Feb 2023 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 February 28, 2023 of 8.34% of the restricted stock units awarded on November 30, 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.