ONI CHUKWU - 20 Jun 2024 Form 4 Insider Report for AvidXchange Holdings, Inc. (AVDX)

Role
Director
Signature
/s/ Ryan Stahl, Attorney-in-Fact for Oni Chukwu
Issuer symbol
AVDX
Transactions as of
20 Jun 2024
Net transactions value
$0
Form type
4
Filing time
24 Jun 2024, 17:21:12 UTC
Previous filing
28 Mar 2024
Next filing
27 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVDX Common Stock Award $0 +4,272 $0.000000 4,272 20 Jun 2024 Direct F1
transaction AVDX Common Stock Award $0 +17,088 +400% $0.000000 21,360 20 Jun 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units ("RSUs") granted to the Reporting Person for his service on the Issuer's board of directors from the date of appointment through to the Issuer's 2024 annual meeting of stockholders. The RSUs were immediately vested.
F2 Represents RSUs which will vest on the first to occur of (A) the first anniversary of the date of grant or (B) the next occurring annual meeting of the Issuer's stockholders, subject to the Reporting Person's continuous service on the board of directors of the Issuer through such vesting date. Each RSU represents a contingent right to receive one share of common stock of the Issuer and the RSUs have no expiration date.