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

Role
VP & Chief Accounting Officer
Signature
/s/ Jacob Adams as Attorney-in-Fact for Mariesa Victoria
Issuer symbol
N/A
Transactions as of
11 Jul 2023
Net transactions value
-$20,909
Form type
4
Filing time
13 Jul 2023, 16:52:55 UTC
Previous filing
17 Mar 2023
Next filing
13 Oct 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 $20,909 -762 -6.3% $27.44 11,387 11 Jul 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.