Joel Wilhite - Mar 6, 2024 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
Stock symbol
AVDX
Transactions as of
Mar 6, 2024
Transactions value $
$0
Form type
4
Date filed
3/8/2024, 05:37 PM
Previous filing
Mar 5, 2024
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVDX Common Stock Award $0 +264K +80.69% $0.00 591K Mar 6, 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.

Remarks:

Chief Financial Officer, Senior Vice President