Filing Details
- Accession Number:
- 0000950170-24-032342
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-15 17:34:23
- Reporting Period:
- 2024-03-14
- Accepted Time:
- 2024-03-15 17:34:23
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1858257 | Avidxchange Holdings Inc. | AVDX | Services-Prepackaged Software (7372) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1886695 | Michael Praeger | C/O Avidxchange Holdings, Inc. 1210 Avidxchange Lane Charlotte NC 28206 | Chief Executive Officer | No | No | 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 | 2024-03-14 | 46,692 | $4.17 | 10,517,152 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-14 | 46,692 | $12.55 | 10,470,460 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2024-03-14 | 46,692 | $0.00 | 46,692 | $4.17 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2024-03-20 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 297,026 | Indirect | By MP Charitable Trust |
| Common Stock | 503,210 | Indirect | By Cindy Praeger |
| Common Stock | 660,627 | Indirect | By Michael Praeger and Cindy Praeger, Joint Tenants with Right of Survivorship |
| Common Stock | 1,888,652 | Indirect | By Green and Gold 2014 GRAT |
| Common Stock | 1,328,276 | Indirect | By Green and Gold 2015 GRAT |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $12.485 to $12.6728. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- The option vested 25% on the first anniversary of the grant date and monthly thereafter over 36 months. The grant date was March 20, 2019.
Billionaire Hedge Funds
