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Filing Details

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
Common Stock	Acquisiton	2023-03-06	4,592	$0.00	9,320,350	No	4	M	Direct
Common Stock	Acquisiton	2023-03-06	17,852	$0.00	9,338,202	No	4	M	Direct
Common Stock	Acquisiton	2023-03-06	130,597	$0.00	9,468,799	No	4	M	Direct
Common Stock	Disposition	2023-03-06	2,225	$9.55	9,466,574	No	4	S	Direct
Common Stock	Disposition	2023-03-06	8,645	$9.55	9,457,929	No	4	S	Direct
Common Stock	Disposition	2023-03-06	48,288	$9.55	9,409,641	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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	2023-03-06	4,592	$0.00	4,592	$0.00
Common Stock	Restricted Stock Units	Disposition	2023-03-06	17,852	$0.00	17,852	$0.00
Common Stock	Restricted Stock Units	Disposition	2023-03-06	130,597	$0.00	130,597	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
18,364	No	4	M	Direct
142,828	No	4	M	Direct
391,791	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	280,767	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.
The sales reported on this Form 4 represent shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
This transaction was executed in multiple trades at prices ranging from $9.49 to $9.99. 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 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 285,652 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 March 16, 2022, the reporting person was granted 522,388 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2022.