Angelic Gibson - Aug 15, 2022 Form 4 Insider Report for AvidXchange Holdings, Inc. (AVDX)

Role
Chief Information Officer, Senior Vice President
Signature
/s/ Ryan Stahl, Attorney-in-Fact for Angelic Gibson
Stock symbol
AVDX
Transactions as of
Aug 15, 2022
Transactions value $
$0
Form type
4
Date filed
8/17/2022, 06:09 PM
Previous filing
May 18, 2022
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVDX Common Stock Options Exercise +1.28K +5.49% 24.5K Aug 15, 2022 Direct F1
transaction AVDX Common Stock Options Exercise +4.72K +19.25% 29.2K Aug 15, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVDX Restricted Stock Units Options Exercise $0 -1.28K -14.29% $0.00 7.65K Aug 15, 2022 Common Stock 1.28K Direct F1, F2
transaction AVDX Restricted Stock Units Options Exercise $0 -4.72K -9.09% $0.00 47.2K Aug 15, 2022 Common Stock 4.72K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
F2 On October 1, 2020, the reporting person was granted 20,400 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2020.
F3 On February 19, 2021, the reporting person was granted 75,492 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2021.

Remarks:

Chief Information Officer, Senior Vice President