Filing Details

Accession Number:
0001270266-16-000016
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-10 20:08:54
Reporting Period:
2016-05-09
Filing Date:
2016-05-10
Accepted Time:
2016-05-10 20:08:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
896841 Avid Technology Inc. AVID Photographic Equipment & Supplies (3861) 042977748
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1270266 Jr Louis Hernandez Avid Technology, Inc.
75 Network Drive
Burlington MA 01803
Chairman, Pres. & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-05-09 150,000 $5.76 150,000 No 4 P Indirect By BD Capital Partners GP, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By BD Capital Partners GP, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 523,201 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. The shares were purchased on May 9, 2016 in multiple transactions at prices ranging from $5.4092 to $5.8129, inclusive. The reporting person undertakes to provide to any security holder of Avid Technology, Inc.or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
  2. The reporting person disclaims beneficial ownership of these 150,000 shares, and this report shall not be deemed an admission that the reporting person is the benficial owner of such 150,000 shares for purposes of Section 16 or for any other purpose.
  3. Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available.