Filing Details

Accession Number:
0000896841-17-000149
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-06-16 16:04:46
Reporting Period:
2017-06-14
Filing Date:
2017-06-16
Accepted Time:
2017-06-16 16:04:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
896841 Avid Technology Inc. AVID Services-Prepackaged Software (7372) 042977748
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1270266 Jr Louis Hernandez 75 Network Drive
Burlington MA 01803
Chairman & 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 2017-06-14 136,653 $4.99 597,100 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 742,222 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. The shares were acquired on June 14, 2017 in multiple transactions at prices ranging from $4.93 to $5.00, 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 securities, except to the extent of his pecuniary interest therein.
  3. Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available.