Timothy Claman - 22 Apr 2023 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
22 Apr 2023
Net transactions value
-$5,631
Form type
4
Filing time
25 Apr 2023, 16:34:43 UTC
Previous filing
17 Mar 2023
Next filing
03 May 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 $5,631 -181 -0.18% $31.11 101,477 22 Apr 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 April 22, 2023 of 8.32% of the restricted stock units awarded on July 22, 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.