AVID TECHNOLOGY, INC. 4
4 · AVID TECHNOLOGY, INC. · Filed May 11, 2017
Insider Transaction Report
Form 4
AGLE BRIAN E
SVP Chief Financial Officer
Transactions
- Award
Performance Rights (Restricted Stock Units)
2017-05-09+88,235→ 88,235 totalExp: 2020-01-01→ Common Stock (88,235 underlying)
Footnotes (1)
- [F1]Represents an award of RSUs which vest on a performance-based schedule tied to the Issuer's stock price in 2017, 2018 or 2019 or the achievement of certain financial metrics in 2017. Each RSU represents the contingent right to receive one share of the Issuer's common stock. This award includes a provision for the withholding of shares by the Issuer to pay the required withholding taxes due on each such vesting date.