Michael Praeger - 06 Mar 2024 Form 4/A Insider Report for AvidXchange Holdings, Inc. (AVDX)

Role
Chief Executive Officer, Director
Signature
/s/ Ryan Stahl, Attorney-in-Fact for Michael Praeger
Issuer symbol
AVDX
Transactions as of
06 Mar 2024
Net transactions value
$0
Form type
4/A
Filing time
12 Mar 2024, 17:24:14 UTC
Date Of Original Report
08 Mar 2024
Previous filing
05 Mar 2024
Next filing
12 Mar 2024
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
transaction AVDX Employee Stock Option (right to buy) Award $0 +346,935 $0.000000 346,935 06 Mar 2024 Common Stock 346,935 $12.34 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person's Form 4 filed with the SEC on March 8, 2024 inadvertently reported an incorrect exercise price with respect to the Employee Stock Option (right to buy).
F2 The option vests 25% on the first anniversary of the vesting commencement date and quarterly thereafter over 12 quarters. The vesting commencement date was February 15, 2024.