Filing Details
- Accession Number:
- 0001591000-16-000030
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-05-11 16:53:01
- Reporting Period:
- 2016-05-09
- Filing Date:
- 2016-05-11
- Accepted Time:
- 2016-05-11 16:53:01
- 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 |
|---|---|---|---|---|---|---|---|
| 1591000 | H Ryan Murray | Avid Technology, Inc. 75 Network Drive Burlington MA 01803 | Vp & Chief Accounting Officer | No | Yes | No | Yes |
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 | 2016-05-09 | 9,263 | $5.57 | 14,742 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2016-05-09 | 9,263 | $5.57 | 9,263 | No | 4 | P | Indirect | By IRA |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | P | Indirect | By IRA |
Footnotes
- The sale of shares from Mr. Murray's direct holdings and purchase through his IRA investment retirement account were for tax planning purposes. Mr. Murray has agreed to disgorge any short swing profit generated from these transactions.
- The price reported in Column 4 is a weighted average price. The shares were sold on May 9, 2016 in multiple transactions at prices ranging from $5.57 to $5.58, 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.
- Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available.
- The price reported in Column 4 is a weighted average price. The shares were acquired on May 9, 2016 in multiple transactions at prices ranging from $5.5643 to $5.58, 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.
Billionaire Hedge Funds
