Joel Wilhite - 31 Dec 2021 Form 4 Insider Report for AvidXchange Holdings, Inc. (AVDX)

Role: Chief Financial Officer, Senior Vice President
Signature: /s/ Ryan Stahl, Attorney-in-Fact for Joel Wilhite
Issuer symbol: AVDX
Transactions as of: 31 Dec 2021
Net transactions value: +$34,980
Form type: 4
Filing time: 04 Jan 2022, 20:09:30 UTC
Previous filing: 19 Oct 2021
Next filing: 14 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVDX	Common Stock	Exercise of in-the-money or at-the-money derivative security	$34,980	+11,000		$3.18	11,000	31 Dec 2021	Direct

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
transaction	AVDX	Employee Stock Option (right to buy)	Exercise of in-the-money or at-the-money derivative security	$0	-11,000	-14%	$0.000000	67,536	31 Dec 2021	Common Stock	11,000	$3.18	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Number of Shares and Exercise Price give effect to the 4-for-1 forward stock split that was effected on September 30, 2021.

Remarks:

Chief Financial Officer, Senior Vice President