Arthur J. Rubado III - Jun 20, 2024 Form 4 Insider Report for AvidXchange Holdings, Inc. (AVDX)

Role: Director
Signature: /s/ Ryan Stahl, Attorney-in-Fact for Arthur J Rubado III
Stock symbol: AVDX
Transactions as of: Jun 20, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/24/2024, 05:21 PM
Previous filing: Mar 28, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVDX	Common Stock	Award	$0	+4.27K		$0.00	4.27K	Jun 20, 2024	Direct	F1
transaction	AVDX	Common Stock	Award	$0	+17.1K	+400%	$0.00	21.4K	Jun 20, 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.

Content

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.

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.