Filing Details
- Accession Number:
- 0001209191-22-057691
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-11-17 18:28:58
- Reporting Period:
- 2022-11-15
- Accepted Time:
- 2022-11-17 18:28:58
- 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 |
---|---|---|---|---|---|---|---|
1886695 | Michael Praeger | C/O Avidxchange Holdings, Inc. 1210 Avidxchange Lane Charlotte NC 28206 | See Remarks | Yes | 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 | 4,592 | $0.00 | 8,817,129 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2022-11-15 | 17,856 | $0.00 | 8,834,985 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2022-11-15 | 40 | $0.00 | 8,835,025 | No | 4 | M | Direct | |
Common Stock | Disposition | 2022-11-15 | 2,042 | $9.33 | 8,832,983 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-11-15 | 7,935 | $9.33 | 8,825,048 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-11-15 | 19 | $9.33 | 8,825,029 | 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 | 4,592 | $0.00 | 4,592 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2022-11-15 | 17,856 | $0.00 | 17,856 | $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 |
---|---|---|---|---|---|---|
22,956 | No | 4 | M | Direct | ||
160,680 | No | 4 | M | Direct | ||
0 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 501,680 | Indirect | By MP Charitable Trust |
Common Stock | 298,556 | Indirect | By Cindy Praeger |
Common Stock | 660,627 | Indirect | By Michael Praeger and Cindy Praeger, Joint Tenants with Right of Survivorship |
Common Stock | 743,848 | Indirect | By MP 2021 GRAT |
Common Stock | 1,888,652 | Indirect | By Green and Gold 2014 GRAT |
Common Stock | 1,328,276 | Indirect | By Green and Gold 2015 GRAT |
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.
- Includes an acquisition of 80,236 shares by inheritance on September 30, 2022.
- On October 1, 2020, the reporting person was granted 73,452 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 286,652 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.