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Filing Details

Accession Number:: 0000896841-21-000154
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-07-28 16:36:38
Reporting Period:: 2021-07-26

Accepted Time:: 2021-07-28 16:36:38
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
1347876	M Robert Bakish	75 Network Drive Burlington MA 01803		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2021-07-26	11,824	$37.03	700,529	No	4	S	Direct
Common Stock	Disposition	2021-07-26	200	$37.37	700,329	No	4	S	Direct
Common Stock	Disposition	2021-07-27	5,361	$35.03	694,968	No	4	S	Direct
Common Stock	Disposition	2021-07-27	2,400	$36.00	692,568	No	4	S	Direct
Common Stock	Disposition	2021-07-27	500	$36.77	692,068	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	27,000	Indirect	By Daughter

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2021.
The price reported in Column 4 is a weighted average price. The shares were disposed on July 26, 2021 in multiple transactions at prices ranging from $36.37 to $37.36, 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.
The price reported in Column 4 is a weighted average price. The shares were disposed on July 27, 2021 in multiple transactions at prices ranging from $34.64 to $35.60, 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.
The price reported in Column 4 is a weighted average price. The shares were disposed on July 27, 2021 in multiple transactions at prices ranging from $35.65 to $36.615, 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.
The price reported in Column 4 is a weighted average price. The shares were disposed on July 27, 2021 in multiple transactions at prices ranging from $36.735 to $36.79, 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.
The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.