Timothy Claman - Jul 22, 2023 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Signature
/s/ Jacob Adams as Attorney-in-Fact for Timothy Claman
Stock symbol
AVID
Transactions as of
Jul 22, 2023
Transactions value $
-$4,554
Form type
4
Date filed
7/25/2023, 05:00 PM
Previous filing
Jun 20, 2023
Next filing
Aug 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability -$4.55K -182 -0.18% $25.02 99.7K Jul 22, 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 22, 2023 of 8.34% 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.