Filing Details
- Accession Number:
- 0001209191-22-057684
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-11-17 18:22:57
- Reporting Period:
- 2022-11-15
- Accepted Time:
- 2022-11-17 18:22:57
- 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
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2022-11-15 | 1,784 | $0.00 | 125,143 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2022-11-15 | 5,100 | $0.00 | 130,243 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2022-11-15 | 40 | $0.00 | 130,283 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-11-15 | 560 | $9.33 | 129,723 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2022-11-15 | 1,600 | $9.33 | 128,123 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2022-11-15 | 14 | $9.33 | 128,109 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | 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 | 2022-11-15 | 1,784 | $0.00 | 1,784 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2022-11-15 | 5,100 | $0.00 | 5,100 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2022-11-15 | 40 | $0.00 | 40 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 8,928 | No | 4 | M | Direct | ||
| 45,908 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct |
Footnotes
- Upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
- This transaction was executed in multiple trades at prices ranging from $9.15 to $9.52. 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.
- 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.
- On November 15, 2022, the restricted stock units fully vested.
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