Timothy Claman - 01 Aug 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
01 Aug 2023
Net transactions value
-$21,188
Form type
4
Filing time
02 Aug 2023, 17:15:55 UTC
Previous filing
25 Jul 2023
Next filing
19 Sep 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 $21,188 -891 -0.89% $23.78 98,789 01 Aug 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 August 1, 2023 of 8.33% of the restricted stock units awarded on November 1, 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.