Filing Details
- Accession Number:
- 0000896841-21-000171
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-18 16:13:21
- Reporting Period:
- 2021-08-16
- Accepted Time:
- 2021-08-18 16:13:21
- 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
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2021-08-16 | 6,021 | $27.65 | 686,047 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-08-17 | 1,507 | $27.55 | 684,540 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 August 16, 2021 in multiple transactions at prices ranging from $27.50 to $27.52, 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 August 17, 2021 in multiple transactions at prices ranging from $27.50 to $27.60, 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 reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
Billionaire Hedge Funds
