Michael Praeger - Mar 6, 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
Stock symbol
AVDX
Transactions as of
Mar 6, 2024
Transactions value $
$0
Form type
4/A
Date filed
3/12/2024, 05:24 PM
Date Of Original Report
Mar 8, 2024
Previous filing
Mar 5, 2024
Next filing
Mar 12, 2024

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 +347K $0.00 347K Mar 6, 2024 Common Stock 347K $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.