Filing Details

Accession Number:
0000896841-22-000095
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-16 18:51:24
Reporting Period:
2022-06-15
Accepted Time:
2022-06-16 18:51:24
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
1742545 A. J. Tom Cordiner C/O B P Collins Llp, Collins House
32-38 Station Road
Gerrards Cross, England X0 SL9 BEL
Chief Revenue Officer & Svp No 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 Disposition 2022-06-15 9,923 $25.63 229,016 No 4 S Direct
Common Stock Disposition 2022-06-15 2,258 $25.70 226,758 No 4 F Direct
Common Stock Disposition 2022-06-15 693 $25.70 226,065 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 F Direct
No 4 F Direct
Footnotes
  1. Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available.
  2. Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on June 15, 2022 of 8.33% of the restricted stock units awarded on March 15, 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.
  3. Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on June 15, 2022 of 8.33% of the restricted stock units awarded on March 15, 2021. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.