Angelic Gibson - Oct 12, 2021 Form 3 Insider Report for AvidXchange Holdings, Inc. (AVDX)

Role
Chief Information Officer, Senior Vice President Exhibit List Exhibit 24- Power of Attorney
Signature
/s/ Ryan Stahl, Attorney-in-Fact for Angelic Gibson
Stock symbol
AVDX
Transactions as of
Oct 12, 2021
Transactions value $
$0
Form type
3
Date filed
10/12/2021, 09:37 PM
Next filing
Oct 19, 2021

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 Employee Stock Option (right to buy) Oct 12, 2021 Common Stock 32K $3.79 Direct F1, F2
holding AVDX Employee Stock Option (right to buy) Oct 12, 2021 Common Stock 53.6K $10.42 Direct F2, F3
holding AVDX Employee Stock Option (right to buy) Oct 12, 2021 Common Stock 178K $12.11 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests 25% on the first anniversary of the grant date and monthly thereafter over 36 months. The grant date was December 12, 2018.
F2 Number of Shares and Exercise Price give effect to the 4-for-1 forward stock split that was effected on September 30, 2021.
F3 The option vests 25% on the first anniversary of the vesting commencement date and quartly thereafter over 12 quarters. The vesting commencement date was February 15, 2020.
F4 The option vests 25% on the first anniversary of the vesting commencement date and quartly thereafter over 12 quarters. The vesting commencement date was February 15, 2021.

Remarks:

Chief Information Officer, Senior Vice President Exhibit List Exhibit 24- Power of Attorney