Filing Details
- Accession Number:
- 0000921895-20-001314
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-05-07 19:21:12
- Reporting Period:
- 2020-05-05
- Accepted Time:
- 2020-05-07 19:21:12
- 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 |
|---|---|---|---|---|---|---|---|
| 1699118 | Taylor Lauren Wolfe | 152 West 57Th, 17Th Floor New York City NY 10019 | No | No | Yes | No | |
| 1786731 | Impactive Capital Llc | 152 West 57Th, 17Th Floor New York City NY 10019 | No | No | Yes | No | |
| 1786733 | Impactive Capital Gp Llc | 152 West 57Th Street, 17Th Floor New York City NY 10019 | No | No | Yes | No | |
| 1786767 | Impactive Capital Lp | 152 West 57Th Street, 17Th Floor New York City NY 10019 | No | No | Yes | No | |
| 1787532 | Christian Asmar | 152 West 57Th Street, 17Th Floor New York City NY 10019 | Yes | No | Yes | 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 | 2020-05-05 | 29,492 | $5.98 | 4,345,521 | No | 4 | P | Indirect | See Footnote |
| Common Stock | Acquisiton | 2020-05-06 | 10,490 | $6.00 | 4,356,011 | No | 4 | P | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | See Footnote |
| No | 4 | P | Indirect | See Footnote |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 25,341 | Direct |
Footnotes
- This Form 4 is filed jointly by Impactive Capital GP LLC ("Impactive GP"), Impactive Capital LP ("Impactive Capital"), Impactive Capital LLC ("Impactive Capital GP"), Lauren Taylor Wolfe and Christian Asmar (collectively, the Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his, her or its pecuniary interest therein.
- Securities of the Issuer beneficially owned by Impactive GP and Impactive Capital. As the general partner of Impactive Capital, Impactive Capital GP may be deemed to beneficially own the securities of the Issuer beneficially owned by Impactive Capital. As managing members of each of Impactive GP and Impactive Capital GP, each of Ms. Taylor Wolfe and Mr. Asmar may be deemed to beneficially own the securities of the Issuer beneficially owned by Impactive GP and Impactive Capital GP.
- Securities of the Issuer directly beneficially owned by Mr. Asmar.
Billionaire Hedge Funds
