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Filing Details

Accession Number:: 0000899243-22-010892
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-03-14 17:20:49
Reporting Period:: 2022-03-10

Accepted Time:: 2022-03-14 17:20:49
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1858257	Avidxchange Holdings Inc.	AVDX	Services-Prepackaged Software (7372)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1886969	Daniel Drees	C/O Avidxchange Holdings, Inc. 1210 Avidxchange Lane Charlotte NC 28206	See Remarks	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2022-03-10	14,280	$0.00	106,536	No	4	M	Direct
Common Stock	Acquisiton	2022-03-10	20,400	$0.00	126,936	No	4	M	Direct
Common Stock	Disposition	2022-03-10	4,861	$7.25	122,075	No	4	S	Direct
Common Stock	Disposition	2022-03-10	6,944	$7.25	115,131	No	4	S	Direct

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

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2022-03-10	14,280	$0.00	14,280	$0.00
Common Stock	Restricted Stock Units	Disposition	2022-03-10	20,400	$0.00	20,400	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
14,284			No	4	M	Direct
61,212			No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Stock Units	$0.00			40	40	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	40	40	Direct

Footnotes

Upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
Represents the disposition of shares that were sold to pay withholding taxes upon the vesting of 14,280 restricted stock units.
This transaction was executed in multiple trades at prices ranging from $6.94 to $7.52. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Represents the disposition of shares that were sold to pay withholding taxes upon the vesting of 20,400 restricted stock units.
This transaction was executed in multiple trades at prices ranging from $6.94 to $7.52. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
On October 1, 2020, the reporting person was granted 28,564 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2020.
On February 19, 2021, the reporting person was granted 81,612 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2021.
The restricted stock units will vest on November 15, 2022.