Michael Praeger - 24 Jan 2025 Form 4 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
24 Jan 2025
Net transactions value
$0
Form type
4
Filing time
28 Jan 2025, 19:12:37 UTC
Previous filing
04 Dec 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 +792,079 +7.6% $0.000000 11,173,112 24 Jan 2025 Direct F1
holding AVDX Common Stock 213,468 24 Jan 2025 By MP Charitable Trust
holding AVDX Common Stock 586,768 24 Jan 2025 By Cindy Praeger
holding AVDX Common Stock 660,627 24 Jan 2025 By Michael Praeger and Cindy Praeger, Joint Tenants with Right of Survivorship
holding AVDX Common Stock 1,888,652 24 Jan 2025 By Green and Gold 2014 GRAT
holding AVDX Common Stock 1,328,276 24 Jan 2025 By Green and Gold 2015 GRAT
* 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.