Daniel Drees - 24 Jan 2025 Form 4 Insider Report for AvidXchange Holdings, Inc. (AVDX)

Role
President
Signature
/s/ Ryan Stahl, Attorney-in-Fact for Daniel Drees
Issuer symbol
AVDX
Transactions as of
24 Jan 2025
Net transactions value
$0
Form type
4
Filing time
28 Jan 2025, 19:11:32 UTC
Previous filing
19 Nov 2024
Next filing
04 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVDX Common Stock Award $0 +435,643 +58% $0.000000 1,190,186 24 Jan 2025 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 one-third on the first anniversary of the vesting commencement date and quarterly thereafter over eight quarters. The vesting commencement date is February 15, 2025. Each RSU represents a contingent right to receive one share of common stock of the Issuer and the RSUs have no expiration date.