| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Praeger Michael | Chief Executive Officer, Director | C/O AVIDXCHANGE HOLDINGS, INC., 1210 AVIDXCHANGE LANE, CHARLOTTE | /s/ Ryan Stahl, Attorney-in-Fact for Michael Praeger | 19 Aug 2025 | 0001886695 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVDX | Common Stock | Sale | $66,664 | -8,355 | -0.08% | $7.98 | 10,482,656 | 27 Aug 2024 | Direct | F1, F2 |
| transaction | AVDX | Common Stock | Sale | $111,832 | -14,016 | -0.13% | $7.98 | 10,468,640 | 27 Aug 2024 | Direct | F1, F2 |
| transaction | AVDX | Common Stock | Sale | $121,902 | -15,278 | -0.15% | $7.98 | 10,453,362 | 27 Aug 2024 | Direct | F1, F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported on this Form 4 represent shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction. |
| F2 | This transaction was executed in multiple trades at prices ranging from $7.90 to $8.04. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |
On August 29, 2024, the reporting person filed a Form 4 which inadvertently reported incorrect numbers for the three transactions amended herein and overstated the reporting person's aggregate beneficial ownership by 424 shares. As reported in this amendment, and based on the updated numbers involved in the three transactions, the reporting person's beneficial ownership is decreased by 424 shares.