Filing Details

Accession Number:
0001209191-22-046451
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-08-17 18:12:32
Reporting Period:
2022-08-15
Accepted Time:
2022-08-17 18:12:32
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
1886733 Ryan Stahl C/O Avidxchange Holdings, Inc.
1210 Avidxchange Lane
Charlotte NC 28206
See Remarks No Yes 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 Acquisiton 2022-08-15 1,276 $0.00 111,848 No 4 M Direct
Common Stock Acquisiton 2022-08-15 2,168 $0.00 114,016 No 4 M Direct
Common Stock Disposition 2022-08-15 383 $9.14 113,633 No 4 S Direct
Common Stock Disposition 2022-08-15 650 $9.14 112,983 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2022-08-15 1,276 $0.00 1,276 $0.00
Common Stock Restricted Stock Units Disposition 2022-08-15 2,168 $0.00 2,168 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,652 No 4 M Direct
21,680 No 4 M Direct
Footnotes
  1. Upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
  2. Represents the disposition of shares that were sold to pay withholding taxes upon the vesting of 1,276 restricted stock units.
  3. This transaction was executed in multiple trades at prices ranging from $8.79 to $9.30. The price reported above reflects the weighted average sale 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.
  4. Represents the disposition of shares that were sold to pay withholding taxes upon the vesting of 2,168 restricted stock units.
  5. On October 1, 2020, the reporting person was granted 20,400 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.
  6. On February 19, 2021, the reporting person was granted 34,684 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.