Filing Details

Accession Number:
0000896841-20-000162
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-08-10 16:03:15
Reporting Period:
2020-08-06
Accepted Time:
2020-08-10 16:03:15
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
1534001 A Jason Duva 75 Network Drive
Burlington MA 01803
No No 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 Acquisiton 2020-08-06 70,355 $7.82 423,728 No 4 M Direct
Common Stock Disposition 2020-08-06 70,355 $9.31 353,373 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 2020-08-06 70,355 $0.00 70,355 $7.82
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
34,645 2014-05-14 2021-05-14 No 4 M Direct
Footnotes
  1. The price reported in Column 4 of Table 1 is a weighted average price. The shares were sold on August 6, 2020 in multiple transactions at prices ranging from $9.25 to $9.4185, 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 sold at each separate price within the ranges set forth in this footnote.
  2. Represents an award of non-qualified stock options granted on May 14, 2014 and became fully vested on January 17, 2016.