John C. Morris - 12 Oct 2021 Form 3 Insider Report for AvidXchange Holdings, Inc. (AVDX)

Role
Director
Signature
/s/ Ryan Stahl, Attorney-in-Fact for John C. Morris
Issuer symbol
AVDX
Transactions as of
12 Oct 2021
Net transactions value
$0
Form type
3
Filing time
12 Oct 2021, 21:34:53 UTC
Previous filing
28 Sep 2021
Next filing
19 Oct 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding AVDX Series E Preferred Stock 12 Oct 2021 Common Stock 668,096 By Nyca Investment Partnership, LP F1
holding AVDX Warrant (right to buy) 12 Oct 2021 Common Stock 352,024 $2.04 By Nyca Investment Partnership, LP F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series E Preferred Stock is convertible into common stock and has no expiration date. The number of underlying shares of common stock reflects the 4-for-1 forward stock split which was effected on September 30, 2021.
F2 The number of underlying shares of common stock and the exercise price reflect the 4-for-1 forward stock split which was effected on September 30, 2021.

Remarks:

Exhibit List Exhibit 24 - Power of Attorney