Angelic Gibson - 15 Nov 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
Issuer symbol
AVDX
Transactions as of
15 Nov 2022
Net transactions value
$0
Form type
4
Filing time
17 Nov 2022, 17:24:59 UTC
Previous filing
17 Aug 2022
Next filing
07 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVDX Common Stock Options Exercise +1,276 +4.4% 30,521 15 Nov 2022 Direct F1
transaction AVDX Common Stock Options Exercise +4,716 +15% 35,237 15 Nov 2022 Direct F1
transaction AVDX Common Stock Options Exercise +40 +0.11% 35,277 15 Nov 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 -1,276 -17% $0.000000 6,376 15 Nov 2022 Common Stock 1,276 Direct F1, F2
transaction AVDX Restricted Stock Units Options Exercise $0 -4,716 -10% $0.000000 42,468 15 Nov 2022 Common Stock 4,716 Direct F1, F3
transaction AVDX Restricted Stock Units Options Exercise $0 -40 -100% $0.000000* 0 15 Nov 2022 Common Stock 40 Direct F1, F4
* 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.
F4 On November 15, 2022, the restricted stock units fully vested.

Remarks:

Chief Information Officer, Senior Vice President