Daniel Drees - 06 Mar 2024 Form 4 Insider Report for AvidXchange Holdings, Inc. (AVDX)

Role
President
Signature
/s/ Ryan Stahl, Attorney-in-Fact for Daniel Drees
Issuer symbol
AVDX
Transactions as of
06 Mar 2024
Net transactions value
$0
Form type
4
Filing time
08 Mar 2024, 17:34:15 UTC
Previous filing
05 Mar 2024
Next filing
19 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVDX Common Stock Award $0 +279,932 +56% $0.000000 781,326 06 Mar 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") which will vest 25% on the first anniversary of the vesting commencement date and quarterly thereafter over 12 quarters. The vesting commencement date was February 15, 2024. Each RSU represents a contingent right to receive one share of common stock of the Issuer and the RSUs have no expiration date.