Mariesa Victoria - Jul 11, 2023 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
VP & Chief Accounting Officer
Signature
/s/ Jacob Adams as Attorney-in-Fact for Mariesa Victoria
Stock symbol
AVID
Transactions as of
Jul 11, 2023
Transactions value $
-$20,909
Form type
4
Date filed
7/13/2023, 04:52 PM
Previous filing
Mar 17, 2023
Next filing
Oct 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability -$20.9K -762 -6.27% $27.44 11.4K Jul 11, 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 July 11, 2023 of 33.32% restricted stock units awarded on July 11, 2022. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.