Filing Details

Accession Number:
0000896841-22-000176
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-12-16 17:52:13
Reporting Period:
2022-12-12
Accepted Time:
2022-12-16 17:52:13
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
1835605 Timothy Claman 75 Blue Sky Drive
Burlington MA 01803
Svp & Gm Video & Media 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 Disposition 2022-12-12 4,462 $27.30 89,240 No 4 S Direct
Common Stock Disposition 2022-12-15 339 $25.45 88,901 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 F Direct
Footnotes
  1. Form 4 filed late due to clerical error.
  2. Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on December 15, 2022 of 8.33% of the restricted stock units awarded on March 15, 2021. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.