Lior Netzer - 02 May 2022 Form 4 Insider Report for AVID TECHNOLOGY, INC.

Reporting relationship: SVP & GM, Media & Cloud
Issuer ticker: N/A
Reported as of: 02 May 2022
Net transaction value: -$53,463
SEC form: 4
Accepted by SEC: 03 May 2022, 17:32:54 UTC
Prior SEC filing: 16 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Alessandra Melloni as Attorney-in-Fact for Lior Netzer

Key filing fact

Lior Netzer filed Form 4 for AVID TECHNOLOGY, INC. on 03 May 2022.

Key facts

This page summarizes Lior Netzer's Form 4 filing for AVID TECHNOLOGY, INC..
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 03 May 2022, 17:32.

Change

Previous filing in this sequence was filed on 16 Mar 2022.
Current net transaction value: -$53,463.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AVID transaction

Common Stock

Tax liability

Transaction value: $53,463
Shares: -1,677
Change %: -2.7%
Price: $31.88
Shares after: 61,385
Date: 02 May 2022
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on May 2, 2022 of 8.33% of the restricted stock units awarded on November 2, 2020. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.

Footnote F2

Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available.