Michael Praeger - 02 Mar 2023 Form 4 Insider Report for AvidXchange Holdings, Inc. (AVDX)

Role
President and Chief Executive Officer, Director
Signature
/s/ Ryan Stahl, Attorney-in-Fact for Michael Praeger
Issuer symbol
AVDX
Transactions as of
02 Mar 2023
Net transactions value
+$97,874
Form type
4
Filing time
03 Mar 2023, 17:32:42 UTC
Previous filing
14 Feb 2023
Next filing
08 Mar 2023
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 $97,874 +27,648 +0.3% $3.54 9,315,758 02 Mar 2023 Direct F1
holding AVDX Common Stock 501,680 02 Mar 2023 By MP Charitable Trust
holding AVDX Common Stock 298,556 02 Mar 2023 By Cindy Praeger
holding AVDX Common Stock 660,627 02 Mar 2023 By Michael Praeger and Cindy Praeger, Joint Tenants with Right of Survivorship
holding AVDX Common Stock 280,767 02 Mar 2023 By MP 2021 GRAT
holding AVDX Common Stock 1,888,652 02 Mar 2023 By Green and Gold 2014 GRAT
holding AVDX Common Stock 1,328,276 02 Mar 2023 By Green and Gold 2015 GRAT

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 Employee Stock Option (right to buy) Options Exercise $0 -27,648 -100% $0.000000* 0 02 Mar 2023 Common Stock 27,648 $3.54 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes a 463,081 share transfer from the MP 2021 GRAT on December 19, 2022 of which the reporting person is the sole trustee. This transfer is exempt from Section 16 pursuant to Rule 16a-13.
F2 The option is fully vested and exercisable as of the date hereof.

Remarks:

President and Chief Executive Officer