Angelic Gibson - 12 Oct 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
Issuer symbol
AVDX
Transactions as of
12 Oct 2021
Net transactions value
$0
Form type
3
Filing time
12 Oct 2021, 21:37:58 UTC
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 Employee Stock Option (right to buy) 12 Oct 2021 Common Stock 32,000 $3.79 Direct F1, F2
holding AVDX Employee Stock Option (right to buy) 12 Oct 2021 Common Stock 53,588 $10.42 Direct F2, F3
holding AVDX Employee Stock Option (right to buy) 12 Oct 2021 Common Stock 177,884 $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